Silver Oak Securities Incorporated Increases Stock Holdings in Avantis U.S. Equity ETF (NYSEARCA:AVUS)

Silver Oak Securities Incorporated raised its position in Avantis U.S. Equity ETF (NYSEARCA:AVUS) by 8,062.1% during the fourth quarter, HoldingsChannel reports. The firm owned 22,854 shares of the company’s stock after purchasing an additional 22,574 shares during the period. Silver Oak Securities Incorporated’s holdings in Avantis U.S. Equity ETF were worth $1,864,000 at the end of the most recent reporting period.

Several other institutional investors have also modified their holdings of the stock. Lindbrook Capital LLC purchased a new position in shares of Avantis U.S. Equity ETF in the 3rd quarter valued at about $88,000. Salem Investment Counselors Inc. purchased a new position in Avantis U.S. Equity ETF during the fourth quarter worth about $139,000. Greenup Street Wealth Management LLC purchased a new position in Avantis U.S. Equity ETF during the third quarter worth about $202,000. Sound Income Strategies LLC acquired a new stake in Avantis U.S. Equity ETF during the fourth quarter worth about $207,000. Finally, CRA Financial Services LLC acquired a new stake in Avantis U.S. Equity ETF during the fourth quarter worth about $215,000.

Avantis U.S. Equity ETF Stock Performance

Shares of AVUS stock traded up $0.62 during trading hours on Friday, reaching $86.48. The company had a trading volume of 171,884 shares, compared to its average volume of 281,721. Avantis U.S. Equity ETF has a twelve month low of $68.68 and a twelve month high of $89.65. The stock’s fifty day simple moving average is $86.98 and its 200 day simple moving average is $81.47. The company has a market capitalization of $6.30 billion, a P/E ratio of 17.12 and a beta of 1.05.

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.