Retirement Financial Solutions LLC Makes New Investment in Avantis U.S. Equity ETF $AVUS

Retirement Financial Solutions LLC bought a new position in shares of Avantis U.S. Equity ETF (NYSEARCA:AVUS) during the 4th quarter, HoldingsChannel reports. The firm bought 333,192 shares of the company’s stock, valued at approximately $37,244,000. Avantis U.S. Equity ETF comprises approximately 10.9% of Retirement Financial Solutions LLC’s holdings, making the stock its largest holding.

Several other institutional investors have also recently made changes to their positions in AVUS. Financial Plan Inc. purchased a new stake in shares of Avantis U.S. Equity ETF during the fourth quarter worth $149,298,000. Northwestern Mutual Wealth Management Co. lifted its position in shares of Avantis U.S. Equity ETF by 145.2% during the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 1,750,845 shares of the company’s stock worth $195,709,000 after acquiring an additional 1,036,918 shares in the last quarter. Mercer Global Advisors Inc. ADV lifted its position in shares of Avantis U.S. Equity ETF by 181.2% during the third quarter. Mercer Global Advisors Inc. ADV now owns 1,134,255 shares of the company’s stock worth $123,293,000 after acquiring an additional 730,960 shares in the last quarter. HB Wealth Management LLC lifted its position in shares of Avantis U.S. Equity ETF by 10.2% during the fourth quarter. HB Wealth Management LLC now owns 5,248,830 shares of the company’s stock worth $586,714,000 after acquiring an additional 486,787 shares in the last quarter. Finally, Indivisible Partners purchased a new stake in shares of Avantis U.S. Equity ETF during the fourth quarter worth $38,867,000.

Avantis U.S. Equity ETF Price Performance

NYSEARCA:AVUS opened at $126.75 on Monday. The company has a market cap of $12.66 billion, a P/E ratio of 20.35 and a beta of 0.99. The stock’s fifty day moving average price is $122.43 and its two-hundred day moving average price is $116.78. Avantis U.S. Equity ETF has a 1 year low of $97.00 and a 1 year high of $128.62.

Avantis U.S. Equity ETF Company 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.