Avantis U.S. Equity ETF $AVUS Position Lifted by ARQ Wealth Advisors LLC

ARQ Wealth Advisors LLC boosted its stake in shares of Avantis U.S. Equity ETF (NYSEARCA:AVUS) by 11.3% during the 1st quarter, Holdings Channel.com reports. The firm owned 179,647 shares of the company’s stock after buying an additional 18,176 shares during the quarter. Avantis U.S. Equity ETF accounts for about 3.6% of ARQ Wealth Advisors LLC’s holdings, making the stock its largest position. ARQ Wealth Advisors LLC’s holdings in Avantis U.S. Equity ETF were worth $19,973,000 at the end of the most recent quarter.

Several other hedge funds have also bought and sold shares of the stock. Godfrey Financial Associates Inc. purchased a new stake in Avantis U.S. Equity ETF in the 4th quarter worth $29,000. Brown Brothers Harriman & Co. purchased a new position in shares of Avantis U.S. Equity ETF in the fourth quarter valued at about $29,000. EverSource Wealth Advisors LLC boosted its stake in shares of Avantis U.S. Equity ETF by 138.7% in the second quarter. EverSource Wealth Advisors LLC now owns 358 shares of the company’s stock worth $36,000 after acquiring an additional 208 shares during the period. Monetary Solutions Ltd bought a new position in shares of Avantis U.S. Equity ETF in the fourth quarter worth about $39,000. Finally, Federation des caisses Desjardins du Quebec purchased a new stake in shares of Avantis U.S. Equity ETF during the fourth quarter worth about $39,000.

Avantis U.S. Equity ETF Stock Performance

Shares of Avantis U.S. Equity ETF stock traded up $0.57 on Friday, hitting $128.51. 235,432 shares of the company traded hands, compared to its average volume of 329,806. The stock has a market capitalization of $13.92 billion, a P/E ratio of 20.35 and a beta of 0.99. Avantis U.S. Equity ETF has a 52 week low of $100.71 and a 52 week high of $128.86. The business has a 50-day simple moving average of $126.22 and a 200 day simple moving average of $118.95.

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.