Platform Wealth Management LLC Purchases New Stake in Avantis U.S. Equity ETF $AVUS

Platform Wealth Management LLC purchased a new stake in shares of Avantis U.S. Equity ETF (NYSEARCA:AVUS) in the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor purchased 12,485 shares of the company’s stock, valued at approximately $1,396,000.

Several other institutional investors also recently added to or reduced their stakes in the stock. CPC Advisors LLC boosted its position in shares of Avantis U.S. Equity ETF by 1.4% in the fourth quarter. CPC Advisors LLC now owns 488,010 shares of the company’s stock valued at $54,550,000 after acquiring an additional 6,820 shares during the period. Leo Wealth LLC boosted its position in shares of Avantis U.S. Equity ETF by 81.0% in the fourth quarter. Leo Wealth LLC now owns 483,817 shares of the company’s stock valued at $54,104,000 after acquiring an additional 216,502 shares during the period. Signature Resources Capital Management LLC boosted its position in shares of Avantis U.S. Equity ETF by 5.6% in the fourth quarter. Signature Resources Capital Management LLC now owns 271,612 shares of the company’s stock valued at $30,361,000 after acquiring an additional 14,461 shares during the period. American Century Companies Inc. boosted its position in shares of Avantis U.S. Equity ETF by 2.8% in the third quarter. American Century Companies Inc. now owns 3,571,038 shares of the company’s stock valued at $388,172,000 after acquiring an additional 96,975 shares during the period. Finally, Jones Financial Companies Lllp boosted its position in shares of Avantis U.S. Equity ETF by 64.7% in the third quarter. Jones Financial Companies Lllp now owns 34,347 shares of the company’s stock valued at $3,723,000 after acquiring an additional 13,491 shares during the period.

Avantis U.S. Equity ETF Trading Down 0.5%

AVUS stock opened at $127.63 on Thursday. The firm has a 50 day moving average of $120.31 and a 200-day moving average of $115.89. Avantis U.S. Equity ETF has a 12 month low of $96.72 and a 12 month high of $128.36. The firm has a market capitalization of $12.75 billion, a P/E ratio of 20.35 and a beta of 0.99.

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.