Concurrent Investment Advisors LLC Buys 8,137 Shares of Avantis U.S. Equity ETF $AVUS

Concurrent Investment Advisors LLC lifted its position in Avantis U.S. Equity ETF (NYSEARCA:AVUS) by 6.6% in the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 130,733 shares of the company’s stock after acquiring an additional 8,137 shares during the quarter. Concurrent Investment Advisors LLC’s holdings in Avantis U.S. Equity ETF were worth $16,744,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds also recently modified their holdings of the business. Prosperitas Financial LLC raised its stake in shares of Avantis U.S. Equity ETF by 12.1% during the 2nd quarter. Prosperitas Financial LLC now owns 2,722 shares of the company’s stock worth $349,000 after purchasing an additional 294 shares during the period. Wedbush Securities Inc. purchased a new stake in shares of Avantis U.S. Equity ETF during the 2nd quarter worth approximately $6,709,000. Greenleaf Trust purchased a new stake in shares of Avantis U.S. Equity ETF during the 2nd quarter worth approximately $207,000. Annex Advisory Services LLC raised its holdings in shares of Avantis U.S. Equity ETF by 5.0% in the 2nd quarter. Annex Advisory Services LLC now owns 2,025,359 shares of the company’s stock worth $259,408,000 after purchasing an additional 96,288 shares during the period. Finally, William Mack & Associates Inc. raised its holdings in shares of Avantis U.S. Equity ETF by 15.0% in the 2nd quarter. William Mack & Associates Inc. now owns 4,175 shares of the company’s stock worth $535,000 after purchasing an additional 543 shares during the period.

Avantis U.S. Equity ETF Price Performance

NYSEARCA:AVUS opened at $131.29 on Friday. The company has a market capitalization of $14.42 billion, a P/E ratio of 20.35 and a beta of 0.99. The business has a fifty day simple moving average of $129.12 and a two-hundred day simple moving average of $123.08. Avantis U.S. Equity ETF has a 1 year low of $105.72 and a 1 year high of $132.81.

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.