Bank of New York Mellon Corp Increases Stake in Avantis U.S. Equity ETF $AVUS

Bank of New York Mellon Corp raised its holdings in shares of Avantis U.S. Equity ETF (NYSEARCA:AVUS) by 11.0% during the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund 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’s holdings in Avantis U.S. Equity ETF were worth $86,916,000 at the end of the most recent quarter.

A number of other large investors have also recently made changes to their positions in the stock. Geneos Wealth Management Inc. boosted its holdings in Avantis U.S. Equity ETF by 17.4% in the first quarter. Geneos Wealth Management Inc. now owns 1,248 shares of the company’s stock worth $139,000 after purchasing an additional 185 shares during the last quarter. Nwam LLC raised its stake in Avantis U.S. Equity ETF by 41.2% during the 1st quarter. Nwam LLC now owns 20,739 shares of the company’s stock valued at $2,306,000 after buying an additional 6,055 shares during the last quarter. Calamos Advisors LLC purchased a new stake in Avantis U.S. Equity ETF during the 1st quarter valued at $297,000. Lutz Financial Services LLC lifted its holdings in shares of Avantis U.S. Equity ETF by 4.7% during the 1st quarter. Lutz Financial Services LLC now owns 4,234 shares of the company’s stock valued at $471,000 after buying an additional 190 shares during the period. Finally, Integrity Wealth Solutions LLC lifted its holdings in shares of Avantis U.S. Equity ETF by 2.0% during the 1st quarter. Integrity Wealth Solutions LLC now owns 46,054 shares of the company’s stock valued at $5,120,000 after buying an additional 887 shares during the period.

Avantis U.S. Equity ETF Price Performance

AVUS stock opened at $128.09 on Wednesday. Avantis U.S. Equity ETF has a 1 year low of $100.82 and a 1 year high of $128.86. The company has a market cap of $13.92 billion, a P/E ratio of 20.35 and a beta of 0.99. The stock’s fifty day moving average price is $126.76 and its 200-day moving average price is $119.73.

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.