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

Bank of New York Mellon Corp boosted its holdings in Avantis U.S. Equity ETF (NYSEARCA:AVUS) by 10.2% in the fourth quarter, HoldingsChannel reports. The firm owned 704,499 shares of the company’s stock after purchasing an additional 65,408 shares during the period. Bank of New York Mellon Corp’s holdings in Avantis U.S. Equity ETF were worth $78,749,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Godfrey Financial Associates Inc. purchased a new position in Avantis U.S. Equity ETF in the fourth quarter valued at about $29,000. EverSource Wealth Advisors LLC boosted its holdings in Avantis U.S. Equity ETF by 138.7% in the second quarter. EverSource Wealth Advisors LLC now owns 358 shares of the company’s stock valued at $36,000 after purchasing an additional 208 shares during the last quarter. Assetmark Inc. boosted its holdings in Avantis U.S. Equity ETF by 116.0% in the third quarter. Assetmark Inc. now owns 579 shares of the company’s stock valued at $63,000 after purchasing an additional 311 shares during the last quarter. Qube Research & Technologies Ltd boosted its holdings in Avantis U.S. Equity ETF by 17.6% in the second quarter. Qube Research & Technologies Ltd now owns 964 shares of the company’s stock valued at $97,000 after purchasing an additional 144 shares during the last quarter. Finally, IFP Advisors Inc purchased a new position in Avantis U.S. Equity ETF in the third quarter valued at about $114,000.

Avantis U.S. Equity ETF Stock Performance

Shares of AVUS opened at $125.68 on Tuesday. The stock has a 50-day moving average price of $121.21 and a 200 day moving average price of $116.28. Avantis U.S. Equity ETF has a one year low of $97.00 and a one year high of $128.62. The company has a market capitalization of $12.56 billion, a P/E ratio of 20.35 and a beta of 0.99.

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.