Avantis U.S. Equity ETF (NYSEARCA:AVUS) Shares Acquired by PNC Financial Services Group Inc.

PNC Financial Services Group Inc. lifted its stake in Avantis U.S. Equity ETF (NYSEARCA:AVUS) by 359.4% in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 3,799 shares of the company’s stock after purchasing an additional 2,972 shares during the period. PNC Financial Services Group Inc.’s holdings in Avantis U.S. Equity ETF were worth $368,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently made changes to their positions in the stock. Global Retirement Partners LLC grew its position in Avantis U.S. Equity ETF by 165.6% during the fourth quarter. Global Retirement Partners LLC now owns 648 shares of the company’s stock worth $63,000 after buying an additional 404 shares during the period. Blue Trust Inc. boosted its stake in shares of Avantis U.S. Equity ETF by 128.5% during the 4th quarter. Blue Trust Inc. now owns 697 shares of the company’s stock worth $68,000 after acquiring an additional 392 shares in the last quarter. Life Planning Partners Inc grew its holdings in shares of Avantis U.S. Equity ETF by 9,594.1% in the 4th quarter. Life Planning Partners Inc now owns 953,900 shares of the company’s stock worth $92,000 after acquiring an additional 944,060 shares during the period. Global Wealth Strategies & Associates purchased a new position in Avantis U.S. Equity ETF in the 4th quarter valued at approximately $97,000. Finally, Clarity Asset Management Inc. raised its holdings in Avantis U.S. Equity ETF by 10.1% during the third quarter. Clarity Asset Management Inc. now owns 2,149 shares of the company’s stock worth $204,000 after purchasing an additional 197 shares during the last quarter.

Avantis U.S. Equity ETF Stock Performance

Avantis U.S. Equity ETF stock opened at $93.45 on Friday. Avantis U.S. Equity ETF has a fifty-two week low of $84.26 and a fifty-two week high of $102.23. The firm has a market capitalization of $7.68 billion, a price-to-earnings ratio of 20.02 and a beta of 1.06. The stock’s fifty day moving average is $98.06 and its two-hundred day moving average is $97.38.

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.