How Active ETFs Build on Passive Benefits
Active ETFs are on the rise. More than 30 years since the arrival of the first ETF in the U.S., active ETFs are now having their moment.
Beacon Pointe Advisors LLC Acquires Shares of 21,040 Avantis U.S. Equity ETF (NYSEARCA:AVUS)
Beacon Pointe Advisors LLC bought a new position in shares of Avantis U.S. Equity ETF (NYSEARCA:AVUS – Free Report) during the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor bought 21,040 shares of the company’s stock, valued at approximately $1,716,000. A number of other large investors also recently modified their holdings of the stock. Spire Wealth Management acquired a new position in Avantis U.S. Equity ETF during the 4th quarter worth $75,000. Principal Securities Inc. bought a new position in Avantis U.S. Equity ETF during the fourth quarter worth about $95,000. Salem Investment Counselors Inc. acquired a new position in shares of Avantis U.S. Equity ETF during the 4th quarter worth about $139,000. Greenup Street Wealth Management LLC bought a new stake in shares of Avantis U.S. Equity ETF in the 3rd quarter valued at about $202,000. Finally, Sound Income Strategies LLC acquired a new stake in shares of Avantis U.S. Equity ETF in the 4th quarter valued at approximately $207,000. Avantis U.S. Equity ETF Stock Up 0.2 % Shares of NYSEARCA AVUS opened at $89.83 on Monday. Avantis U.S. Equity ETF has a twelve month low of $69.57 and a twelve month high of $90.11. The company’s fifty day moving average is $87.58 and its 200-day moving average is $83.15. The stock has a market cap of $6.48 billion, a price-to-earnings ratio of 17.22 and a beta of 1.00. Avantis U.S. Equity ETF Profile (Free Report) 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.
AVUS: Actively Managed Low-Cost ETF Designed For Value Investors
AVUS is an actively managed total market fund with a low 0.15% expense ratio. Diversification is excellent, and it's an efficient way for investors to lessen exposure to Magnificent Seven stocks. AVUS trades at a three-point discount to VTI, a passively managed alternative. The offset is lower growth, but that strategy should work well if growth stocks fall out of favor. However, my analysis reveals AVUS's selections have lower profitability margins across the board, a finding that runs counter to the claims on its Fact Sheet.
