Merriman Wealth Management LLC Acquires 9,916 Shares of Avantis Responsible U.S. Equity ETF (NYSEARCA:AVSU)

Merriman Wealth Management LLC increased its holdings in Avantis Responsible U.S. Equity ETF (NYSEARCA:AVSU) by 3.4% in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 299,481 shares of the company’s stock after acquiring an additional 9,916 shares during the period. Avantis Responsible U.S. Equity ETF comprises approximately 0.8% of Merriman Wealth Management LLC’s portfolio, making the stock its 18th biggest holding. Merriman Wealth Management LLC owned about 7.18% of Avantis Responsible U.S. Equity ETF worth $18,493,000 at the end of the most recent quarter.

Several other institutional investors also recently modified their holdings of the business. Quarry Hill Advisors LLC grew its holdings in shares of Avantis Responsible U.S. Equity ETF by 237.1% in the second quarter. Quarry Hill Advisors LLC now owns 14,497 shares of the company’s stock valued at $895,000 after acquiring an additional 10,196 shares in the last quarter. PrairieView Partners LLC grew its holdings in shares of Avantis Responsible U.S. Equity ETF by 63.9% in the second quarter. PrairieView Partners LLC now owns 30,626 shares of the company’s stock valued at $1,891,000 after acquiring an additional 11,944 shares in the last quarter. Wealthstream Advisors Inc. grew its holdings in shares of Avantis Responsible U.S. Equity ETF by 1.4% in the second quarter. Wealthstream Advisors Inc. now owns 23,925 shares of the company’s stock valued at $1,477,000 after acquiring an additional 329 shares in the last quarter. Bfsg LLC grew its holdings in shares of Avantis Responsible U.S. Equity ETF by 209.2% in the second quarter. Bfsg LLC now owns 4,019 shares of the company’s stock valued at $248,000 after acquiring an additional 2,719 shares in the last quarter. Finally, ABLE Financial Group LLC bought a new position in shares of Avantis Responsible U.S. Equity ETF in the second quarter valued at approximately $362,000.

Avantis Responsible U.S. Equity ETF Trading Down 0.5 %

Shares of NYSEARCA AVSU opened at $64.89 on Friday. The stock has a fifty day simple moving average of $62.79 and a two-hundred day simple moving average of $61.36. Avantis Responsible U.S. Equity ETF has a 1-year low of $47.12 and a 1-year high of $65.44. The firm has a market cap of $270.60 million, a price-to-earnings ratio of 20.23 and a beta of 1.05.

Avantis Responsible U.S. Equity ETF Profile

The Avantis Responsible U.S. Equity ETF (AVSU) is an exchange-traded fund that mostly invests in total market equity. The fund actively invests in US companies of all market capitalizations. Holdings are screened for multiple ESG metrics and selected based on fundamental criteria AVSU was launched on Mar 15, 2022 and is managed by American Century Investments.