USAdvisors Wealth Management LLC Purchases New Stake in Avantis U.S. Equity ETF $AVUS

USAdvisors Wealth Management LLC purchased a new stake in shares of Avantis U.S. Equity ETF (NYSEARCA:AVUS) during the third quarter, HoldingsChannel reports. The institutional investor purchased 10,899 shares of the company’s stock, valued at approximately $1,396,000.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of the business. Sensenig Capital Advisors Inc raised its stake in shares of Avantis U.S. Equity ETF by 1.9% in the 2nd quarter. Sensenig Capital Advisors Inc now owns 243,335 shares of the company’s stock valued at $31,166,000 after acquiring an additional 4,497 shares during the period. Andrews Lucia Wealth Management LLC lifted its holdings in shares of Avantis U.S. Equity ETF by 35.3% during the 2nd quarter. Andrews Lucia Wealth Management LLC now owns 41,887 shares of the company’s stock valued at $5,365,000 after acquiring an additional 10,930 shares in the last quarter. Envestnet Asset Management Inc. lifted its holdings in shares of Avantis U.S. Equity ETF by 9.7% during the 2nd quarter. Envestnet Asset Management Inc. now owns 2,009,207 shares of the company’s stock valued at $257,339,000 after acquiring an additional 177,765 shares in the last quarter. McLean Asset Management Corp lifted its holdings in shares of Avantis U.S. Equity ETF by 9.5% during the 1st quarter. McLean Asset Management Corp now owns 741,463 shares of the company’s stock valued at $82,436,000 after acquiring an additional 64,283 shares in the last quarter. Finally, Vicus Capital boosted its position in Avantis U.S. Equity ETF by 40.7% during the 1st quarter. Vicus Capital now owns 40,867 shares of the company’s stock worth $4,544,000 after purchasing an additional 11,830 shares during the period.

Avantis U.S. Equity ETF Trading Up 0.5%

Shares of Avantis U.S. Equity ETF stock opened at $130.06 on Thursday. The company has a fifty day moving average price of $129.93 and a 200 day moving average price of $126.82. Avantis U.S. Equity ETF has a twelve month low of $105.72 and a twelve month high of $132.81. The stock has a market cap of $14.81 billion, a price-to-earnings ratio of 20.35 and a beta of 1.00.

Avantis U.S. Equity ETF Profile

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.