Strategic Financial Concepts LLC Boosts Stake in Avantis U.S. Equity ETF (NYSEARCA:AVUS)

Strategic Financial Concepts LLC lifted its holdings in Avantis U.S. Equity ETF (NYSEARCA:AVUS) by 27.4% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 216,890 shares of the company’s stock after buying an additional 46,621 shares during the quarter. Avantis U.S. Equity ETF accounts for 0.6% of Strategic Financial Concepts LLC’s portfolio, making the stock its 20th biggest holding. Strategic Financial Concepts LLC owned 0.30% of Avantis U.S. Equity ETF worth $21,023,000 as of its most recent SEC filing.

Other institutional investors have also recently modified their holdings of the company. Raymond James & Associates boosted its position in Avantis U.S. Equity ETF by 11.4% during the third quarter. Raymond James & Associates now owns 233,493 shares of the company’s stock worth $22,217,000 after purchasing an additional 23,986 shares in the last quarter. Atria Investments Inc purchased a new stake in Avantis U.S. Equity ETF during the third quarter worth $216,000. Leo Wealth LLC boosted its position in Avantis U.S. Equity ETF by 5.7% during the fourth quarter. Leo Wealth LLC now owns 443,635 shares of the company’s stock worth $43,000,000 after purchasing an additional 23,922 shares in the last quarter. Foundations Investment Advisors LLC boosted its position in Avantis U.S. Equity ETF by 55.6% during the third quarter. Foundations Investment Advisors LLC now owns 121,229 shares of the company’s stock worth $11,535,000 after purchasing an additional 43,317 shares in the last quarter. Finally, Alpha Financial Partners LLC acquired a new position in shares of Avantis U.S. Equity ETF in the third quarter worth $8,814,000.

Avantis U.S. Equity ETF Stock Up 0.1 %

NYSEARCA AVUS opened at $101.07 on Friday. Avantis U.S. Equity ETF has a fifty-two week low of $83.68 and a fifty-two week high of $102.23. The stock has a market cap of $7.29 billion, a price-to-earnings ratio of 17.22 and a beta of 1.00. The business has a fifty day moving average of $99.30 and a 200-day moving average of $96.53.

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.