Axxcess Wealth Management LLC Makes New $454,000 Investment in Avantis U.S. Equity ETF (NYSEARCA:AVUS)

Axxcess Wealth Management LLC bought a new position in Avantis U.S. Equity ETF (NYSEARCA:AVUS) during the 4th quarter, Holdings Channel.com reports. The fund bought 5,567 shares of the company’s stock, valued at approximately $454,000.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. American Century Companies Inc. grew its holdings in Avantis U.S. Equity ETF by 10.2% during the 3rd quarter. American Century Companies Inc. now owns 2,683,666 shares of the company’s stock valued at $196,605,000 after buying an additional 248,936 shares in the last quarter. Allworth Financial LP increased its position in Avantis U.S. Equity ETF by 1.3% in the fourth quarter. Allworth Financial LP now owns 2,206,917 shares of the company’s stock worth $179,974,000 after purchasing an additional 27,426 shares during the last quarter. Envestnet Asset Management Inc. raised its stake in Avantis U.S. Equity ETF by 1.3% during the third quarter. Envestnet Asset Management Inc. now owns 1,193,723 shares of the company’s stock valued at $87,452,000 after purchasing an additional 15,480 shares in the last quarter. LPL Financial LLC lifted its position in Avantis U.S. Equity ETF by 9.4% during the third quarter. LPL Financial LLC now owns 1,186,785 shares of the company’s stock valued at $86,944,000 after purchasing an additional 101,673 shares during the last quarter. Finally, RVW Wealth LLC grew its stake in shares of Avantis U.S. Equity ETF by 1.1% in the 4th quarter. RVW Wealth LLC now owns 1,126,813 shares of the company’s stock worth $91,892,000 after buying an additional 12,062 shares in the last quarter.

Avantis U.S. Equity ETF Price Performance

Avantis U.S. Equity ETF stock opened at $87.99 on Thursday. Avantis U.S. Equity ETF has a twelve month low of $69.44 and a twelve month high of $89.65. The company’s 50-day moving average price is $87.18 and its 200-day moving average price is $82.12. The company has a market cap of $6.35 billion, a PE ratio of 17.22 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.