Bank of New York Mellon Corp Boosts Holdings in Avantis U.S. Equity ETF $AVUS

Bank of New York Mellon Corp raised its position in Avantis U.S. Equity ETF (NYSEARCA:AVUS) by 11.0% in the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 781,758 shares of the company’s stock after purchasing an additional 77,259 shares during the period. Bank of New York Mellon Corp owned 0.78% of Avantis U.S. Equity ETF worth $86,916,000 at the end of the most recent reporting period.

Other hedge funds have also recently made changes to their positions in the company. Tranquility Partners LLC grew its position in Avantis U.S. Equity ETF by 1.9% during the first quarter. Tranquility Partners LLC now owns 4,704 shares of the company’s stock worth $523,000 after buying an additional 89 shares in the last quarter. Diversified Portfolios Inc. raised its holdings in shares of Avantis U.S. Equity ETF by 1.6% in the 4th quarter. Diversified Portfolios Inc. now owns 5,895 shares of the company’s stock valued at $659,000 after acquiring an additional 90 shares in the last quarter. Smartleaf Asset Management LLC boosted its position in shares of Avantis U.S. Equity ETF by 4.2% during the 2nd quarter. Smartleaf Asset Management LLC now owns 2,421 shares of the company’s stock valued at $243,000 after acquiring an additional 97 shares during the last quarter. RCS Financial Planning LLC grew its holdings in shares of Avantis U.S. Equity ETF by 4.0% during the fourth quarter. RCS Financial Planning LLC now owns 2,683 shares of the company’s stock worth $300,000 after purchasing an additional 102 shares in the last quarter. Finally, Avant Financial Advisors LLC grew its holdings in shares of Avantis U.S. Equity ETF by 0.8% during the first quarter. Avant Financial Advisors LLC now owns 13,527 shares of the company’s stock worth $1,504,000 after purchasing an additional 106 shares in the last quarter.

Avantis U.S. Equity ETF Stock Performance

Shares of NYSEARCA:AVUS opened at $128.09 on Wednesday. The firm has a market capitalization of $13.92 billion, a PE ratio of 20.35 and a beta of 0.99. The firm has a fifty day moving average of $126.76 and a 200 day moving average of $119.73. Avantis U.S. Equity ETF has a 52-week low of $100.82 and a 52-week high of $128.86.

Avantis U.S. Equity ETF Profile

The Avantis U.S. Equity ETF (AVUS) is an exchange-traded fund that is based on the Russell 3000 index. The fund is an actively managed portfolio of US equities of all market capitalizations, with a bias toward smaller, more profitable or value companies. AVUS was launched on Sep 24, 2019 and is managed by American Century Investments.