Accredited Investor Services LLC Has $47.77 Million Position in Avantis U.S. Equity ETF $AVUS

Accredited Investor Services LLC grew its holdings in Avantis U.S. Equity ETF (NYSEARCA:AVUS) by 2.7% in the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 473,857 shares of the company’s stock after acquiring an additional 12,472 shares during the quarter. Avantis U.S. Equity ETF accounts for 36.1% of Accredited Investor Services LLC’s portfolio, making the stock its largest holding. Accredited Investor Services LLC owned approximately 0.54% of Avantis U.S. Equity ETF worth $47,774,000 as of its most recent SEC filing.

Several other hedge funds also recently modified their holdings of AVUS. Assetmark Inc. bought a new stake in shares of Avantis U.S. Equity ETF in the first quarter valued at approximately $25,000. Iron Horse Wealth Management LLC bought a new stake in shares of Avantis U.S. Equity ETF in the first quarter valued at approximately $27,000. Mattson Financial Services LLC bought a new stake in shares of Avantis U.S. Equity ETF in the first quarter valued at approximately $107,000. JFS Wealth Advisors LLC bought a new stake in shares of Avantis U.S. Equity ETF in the first quarter valued at approximately $127,000. Finally, AE Wealth Management LLC boosted its position in shares of Avantis U.S. Equity ETF by 9.8% in the first quarter. AE Wealth Management LLC now owns 1,643 shares of the company’s stock valued at $152,000 after acquiring an additional 146 shares during the period.

Avantis U.S. Equity ETF Trading Down 2.8%

AVUS opened at $105.96 on Friday. The business has a 50 day moving average of $106.63 and a 200-day moving average of $99.45. The stock has a market capitalization of $9.56 billion, a price-to-earnings ratio of 20.35 and a beta of 1.05. Avantis U.S. Equity ETF has a 1-year low of $79.20 and a 1-year high of $109.75.

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.