Simplicity Wealth LLC Has $76.69 Million Stake in Avantis U.S. Equity ETF $AVUS

Simplicity Wealth LLC decreased its holdings in shares of Avantis U.S. Equity ETF (NYSEARCA:AVUS) by 1.3% during the 1st quarter, HoldingsChannel.com reports. The institutional investor owned 689,828 shares of the company’s stock after selling 9,127 shares during the period. Avantis U.S. Equity ETF comprises approximately 4.3% of Simplicity Wealth LLC’s holdings, making the stock its largest position. Simplicity Wealth LLC’s holdings in Avantis U.S. Equity ETF were worth $76,695,000 as of its most recent SEC filing.

A number of other large investors have also recently made changes to their positions in AVUS. Align Financial LLC acquired a new stake in shares of Avantis U.S. Equity ETF in the 4th quarter worth about $4,024,752,000. HB Wealth Management LLC boosted its stake in Avantis U.S. Equity ETF by 9.4% during the 1st quarter. HB Wealth Management LLC now owns 5,744,706 shares of the company’s stock valued at $638,692,000 after purchasing an additional 495,876 shares during the last quarter. Maseco LLP bought a new stake in Avantis U.S. Equity ETF during the 1st quarter worth approximately $259,864,000. Focus Partners Wealth raised its stake in shares of Avantis U.S. Equity ETF by 2.7% in the fourth quarter. Focus Partners Wealth now owns 1,979,602 shares of the company’s stock worth $221,280,000 after purchasing an additional 52,018 shares during the last quarter. Finally, Northwestern Mutual Wealth Management Co. raised its stake in shares of Avantis U.S. Equity ETF by 145.2% in the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 1,750,845 shares of the company’s stock worth $195,709,000 after purchasing an additional 1,036,918 shares during the last quarter.

Avantis U.S. Equity ETF Price Performance

Shares of AVUS stock traded up $0.57 during trading hours on Friday, reaching $128.51. The company had a trading volume of 235,432 shares, compared to its average volume of 329,806. The company has a market cap of $13.89 billion, a price-to-earnings ratio of 20.35 and a beta of 0.99. Avantis U.S. Equity ETF has a 12 month low of $100.71 and a 12 month high of $128.86. The business has a fifty day simple moving average of $126.22 and a 200-day simple moving average of $118.95.

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.