Axxcess Wealth Management LLC Acquires 5,669 Shares of Avantis U.S. Equity ETF (NYSEARCA:AVUS)

Axxcess Wealth Management LLC boosted its holdings in Avantis U.S. Equity ETF (NYSEARCA:AVUS) by 8.5% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 72,000 shares of the company’s stock after acquiring an additional 5,669 shares during the quarter. Axxcess Wealth Management LLC owned 0.10% of Avantis U.S. Equity ETF worth $6,979,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also added to or reduced their stakes in the company. Strategic Financial Concepts LLC grew its stake in Avantis U.S. Equity ETF by 11,619.3% during the fourth quarter. Strategic Financial Concepts LLC now owns 19,954,274 shares of the company’s stock worth $21,023,000 after buying an additional 19,784,005 shares during the last quarter. Life Planning Partners Inc grew its stake in Avantis U.S. Equity ETF by 9,594.1% during the fourth quarter. Life Planning Partners Inc now owns 953,900 shares of the company’s stock worth $92,000 after buying an additional 944,060 shares during the last quarter. Raymond James Financial Inc. bought a new stake in Avantis U.S. Equity ETF during the fourth quarter worth about $52,872,000. Ridgeline Wealth LLC bought a new stake in Avantis U.S. Equity ETF during the fourth quarter worth about $26,663,000. Finally, Bridgewater Advisors Inc. grew its stake in Avantis U.S. Equity ETF by 62.4% during the fourth quarter. Bridgewater Advisors Inc. now owns 512,944 shares of the company’s stock worth $49,853,000 after buying an additional 197,030 shares during the last quarter.

Avantis U.S. Equity ETF Trading Up 0.9 %

Shares of Avantis U.S. Equity ETF stock opened at $93.54 on Tuesday. The stock has a market capitalization of $7.69 billion, a price-to-earnings ratio of 20.02 and a beta of 1.06. Avantis U.S. Equity ETF has a 1-year low of $84.26 and a 1-year high of $102.23. The firm’s 50-day moving average price is $98.32 and its two-hundred day moving average price is $97.44.

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.