Avantis U.S. Equity ETF (NYSEARCA:AVUS) is Gateway Wealth Partners LLC’s 4th Largest Position

Gateway Wealth Partners LLC trimmed its stake in Avantis U.S. Equity ETF (NYSEARCA:AVUS) by 31.8% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 93,068 shares of the company’s stock after selling 43,308 shares during the period. Avantis U.S. Equity ETF accounts for about 2.3% of Gateway Wealth Partners LLC’s investment portfolio, making the stock its 4th biggest holding. Gateway Wealth Partners LLC owned about 0.13% of Avantis U.S. Equity ETF worth $9,021,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors and hedge funds have also recently modified their holdings of the stock. Ausdal Financial Partners Inc. lifted its position in Avantis U.S. Equity ETF by 198.8% during the 3rd quarter. Ausdal Financial Partners Inc. now owns 78,188 shares of the company’s stock valued at $7,440,000 after acquiring an additional 52,021 shares during the period. Raymond James & Associates lifted its position in Avantis U.S. Equity ETF by 11.4% during the 3rd quarter. Raymond James & Associates now owns 233,493 shares of the company’s stock valued at $22,217,000 after acquiring an additional 23,986 shares during the period. Atria Investments Inc purchased a new position in Avantis U.S. Equity ETF in the third quarter worth about $216,000. Sunbelt Securities Inc. raised its holdings in Avantis U.S. Equity ETF by 6.3% in the second quarter. Sunbelt Securities Inc. now owns 9,545 shares of the company’s stock worth $861,000 after buying an additional 564 shares during the last quarter. Finally, Truist Financial Corp raised its holdings in Avantis U.S. Equity ETF by 85.5% in the second quarter. Truist Financial Corp now owns 5,399 shares of the company’s stock worth $487,000 after buying an additional 2,489 shares during the last quarter.

Avantis U.S. Equity ETF Stock Performance

Shares of Avantis U.S. Equity ETF stock opened at $100.64 on Wednesday. The stock has a market capitalization of $7.26 billion, a PE ratio of 17.22 and a beta of 1.00. Avantis U.S. Equity ETF has a 52-week low of $81.73 and a 52-week high of $102.23. The company has a 50-day simple moving average of $99.46 and a two-hundred day simple moving average of $95.79.

About Avantis U.S. Equity ETF

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.