Axxcess Wealth Management LLC Boosts Stock Position in Avantis U.S. Equity ETF (NYSEARCA:AVUS)

Axxcess Wealth Management LLC increased its stake in Avantis U.S. Equity ETF (NYSEARCA:AVUS) by 90.4% in the 2nd quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 22,671 shares of the company’s stock after purchasing an additional 10,765 shares during the quarter. Axxcess Wealth Management LLC’s holdings in Avantis U.S. Equity ETF were worth $2,045,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors also recently made changes to their positions in AVUS. Strategic Financial Concepts LLC lifted its stake in Avantis U.S. Equity ETF by 11,264.4% in the 2nd quarter. Strategic Financial Concepts LLC now owns 14,316,250 shares of the company’s stock worth $1,291,183,000 after purchasing an additional 14,190,276 shares in the last quarter. Annex Advisory Services LLC purchased a new stake in shares of Avantis U.S. Equity ETF in the fourth quarter worth $126,293,000. Leo Wealth LLC bought a new stake in Avantis U.S. Equity ETF during the fourth quarter valued at $32,708,000. JRM Investment Counsel LLC grew its position in Avantis U.S. Equity ETF by 888.5% during the fourth quarter. JRM Investment Counsel LLC now owns 419,281 shares of the company’s stock worth $34,192,000 after buying an additional 376,863 shares in the last quarter. Finally, Bull Oak Capital LLC increased its stake in Avantis U.S. Equity ETF by 378.7% in the 1st quarter. Bull Oak Capital LLC now owns 221,424 shares of the company’s stock worth $19,817,000 after acquiring an additional 175,165 shares during the last quarter.

Avantis U.S. Equity ETF Stock Down 0.1 %

NYSEARCA:AVUS opened at $93.34 on Thursday. Avantis U.S. Equity ETF has a twelve month low of $69.57 and a twelve month high of $94.66. The stock has a market cap of $6.73 billion, a P/E ratio of 17.22 and a beta of 1.00. The business’s 50-day moving average price is $91.52 and its two-hundred day moving average price is $89.56.

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.