Axxcess Wealth Management LLC Acquires 8,931 Shares of Avantis U.S. Equity ETF $AVUS

Axxcess Wealth Management LLC increased its holdings in Avantis U.S. Equity ETF (NYSEARCA:AVUS) by 11.4% in the 2nd quarter, HoldingsChannel.com reports. The fund owned 87,565 shares of the company’s stock after buying an additional 8,931 shares during the period. Axxcess Wealth Management LLC’s holdings in Avantis U.S. Equity ETF were worth $8,828,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors also recently modified their holdings of AVUS. HB Wealth Management LLC grew its holdings in shares of Avantis U.S. Equity ETF by 218.1% in the second quarter. HB Wealth Management LLC now owns 3,735,407 shares of the company’s stock valued at $376,603,000 after acquiring an additional 2,561,165 shares in the last quarter. Maseco LLP bought a new position in shares of Avantis U.S. Equity ETF in the second quarter valued at approximately $211,002,000. LPL Financial LLC grew its holdings in shares of Avantis U.S. Equity ETF by 51.1% in the first quarter. LPL Financial LLC now owns 2,149,684 shares of the company’s stock valued at $198,588,000 after acquiring an additional 727,153 shares in the last quarter. Simplicity Wealth LLC grew its holdings in shares of Avantis U.S. Equity ETF by 111.9% in the second quarter. Simplicity Wealth LLC now owns 1,359,030 shares of the company’s stock valued at $137,017,000 after acquiring an additional 717,634 shares in the last quarter. Finally, Commonwealth Equity Services LLC grew its holdings in shares of Avantis U.S. Equity ETF by 151.9% in the first quarter. Commonwealth Equity Services LLC now owns 1,076,711 shares of the company’s stock valued at $99,467,000 after acquiring an additional 649,341 shares in the last quarter.

Avantis U.S. Equity ETF Stock Up 1.6%

AVUS stock opened at $107.64 on Tuesday. The firm has a market cap of $9.71 billion, a PE ratio of 20.35 and a beta of 1.05. The business has a 50 day moving average of $106.73 and a 200-day moving average of $99.64. Avantis U.S. Equity ETF has a 12-month low of $79.20 and a 12-month high of $109.75.

About Avantis U.S. Equity ETF

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.