Avantis U.S. Equity ETF $AVUS Shares Newly Purchased by RVW Wealth LLC

RVW Wealth LLC purchased a new position in Avantis U.S. Equity ETF (NYSEARCA:AVUS) in the 3rd quarter, Holdings Channel reports. The institutional investor purchased 910,991 shares of the company’s stock, valued at approximately $116,689,000. Avantis U.S. Equity ETF comprises approximately 7.5% of RVW Wealth LLC’s investment portfolio, making the stock its 2nd biggest holding.

A number of other hedge funds also recently modified their holdings of the business. Align Financial LLC bought a new position in shares of Avantis U.S. Equity ETF during the 4th quarter valued at about $4,024,752,000. Maseco LLP acquired a new position in shares of Avantis U.S. Equity ETF in the 1st quarter valued at approximately $259,864,000. HB Wealth Management LLC increased 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 worth $638,692,000 after purchasing an additional 495,876 shares in the last quarter. Bank of America Corp DE increased its stake in Avantis U.S. Equity ETF by 91.3% during the 1st quarter. Bank of America Corp DE now owns 875,159 shares of the company’s stock worth $97,300,000 after purchasing an additional 417,664 shares in the last quarter. Finally, Retirement Financial Solutions LLC acquired a new stake in Avantis U.S. Equity ETF during the 4th quarter worth approximately $37,244,000.

Avantis U.S. Equity ETF Price Performance

AVUS traded up $0.51 during trading on Tuesday, reaching $130.76. The company had a trading volume of 969,544 shares, compared to its average volume of 322,325. Avantis U.S. Equity ETF has a 12 month low of $105.72 and a 12 month high of $132.81. The business’s fifty day moving average price is $129.82 and its 200 day moving average price is $125.22. The company has a market cap of $14.75 billion, a P/E 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.