Sax Wealth Advisors LLC Acquires 115,259 Shares of Avantis U.S. Equity ETF $AVUS

Sax Wealth Advisors LLC purchased a new position in shares of Avantis U.S. Equity ETF (NYSEARCA:AVUS) during the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 115,259 shares of the company’s stock, valued at approximately $14,764,000.

Several other institutional investors have also modified their holdings of AVUS. Align Financial LLC purchased a new stake in Avantis U.S. Equity ETF during the 4th quarter worth about $4,024,752,000. Maseco LLP purchased a new stake in shares of Avantis U.S. Equity ETF in the 1st quarter valued at approximately $259,864,000. RVW Wealth LLC purchased a new stake in shares of Avantis U.S. Equity ETF during the 3rd quarter worth $116,689,000. Gradient Investments LLC acquired a new position in shares of Avantis U.S. Equity ETF during the third quarter worth $70,105,000. Finally, HB Wealth Management LLC increased its holdings in shares of Avantis U.S. Equity ETF by 9.4% in the 1st quarter. HB Wealth Management LLC now owns 5,744,706 shares of the company’s stock valued at $638,692,000 after acquiring an additional 495,876 shares during the last quarter.

Avantis U.S. Equity ETF Price Performance

Shares of NYSEARCA:AVUS traded down $0.21 during trading on Tuesday, hitting $130.33. 114,132 shares of the company were exchanged, compared to its average volume of 320,816. The firm’s 50 day moving average price is $130.16 and its 200-day moving average price is $125.89. Avantis U.S. Equity ETF has a 12-month low of $105.72 and a 12-month high of $132.81. The stock has a market capitalization of $14.79 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.