Fortitude Family Office LLC Increases Position in Avantis U.S. Equity ETF (NYSEARCA:AVUS)

Fortitude Family Office LLC increased its position in shares of Avantis U.S. Equity ETF (NYSEARCA:AVUS) by 127.5% during the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 2,275 shares of the company’s stock after acquiring an additional 1,275 shares during the quarter. Fortitude Family Office LLC’s holdings in Avantis U.S. Equity ETF were worth $221,000 as of its most recent filing with the SEC.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Collective Family Office LLC boosted its holdings in shares of Avantis U.S. Equity ETF by 6.0% during the fourth quarter. Collective Family Office LLC now owns 19,690 shares of the company’s stock worth $1,909,000 after purchasing an additional 1,113 shares during the last quarter. International Assets Investment Management LLC purchased a new position in Avantis U.S. Equity ETF during the fourth quarter worth about $319,000. Sterneck Capital Management LLC acquired a new stake in Avantis U.S. Equity ETF in the 4th quarter worth about $3,377,000. Ridgeline Wealth LLC purchased a new stake in Avantis U.S. Equity ETF in the 4th quarter valued at about $26,663,000. Finally, Versant Capital Management Inc grew its holdings in Avantis U.S. Equity ETF by 0.5% in the 4th quarter. Versant Capital Management Inc now owns 65,088 shares of the company’s stock valued at $6,309,000 after buying an additional 331 shares during the period.

Avantis U.S. Equity ETF Price Performance

Shares of AVUS stock opened at $97.72 on Friday. The firm’s 50-day simple moving average is $99.26 and its 200-day simple moving average is $95.00. Avantis U.S. Equity ETF has a 1-year low of $79.55 and a 1-year high of $102.23. The firm has a market cap of $7.05 billion, a P/E ratio of 17.22 and a beta of 1.00.

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.