Avantis U.S. Equity ETF $AVUS Shares Newly Purchased by Simplicity Wealth LLC

Simplicity Wealth LLC acquired a new position in shares of Avantis U.S. Equity ETF (NYSEARCA:AVUS) during the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor acquired 727,970 shares of the company’s stock, valued at approximately $93,246,000. Avantis U.S. Equity ETF makes up about 2.7% of Simplicity Wealth LLC’s investment portfolio, making the stock its 2nd largest position. Simplicity Wealth LLC owned 0.64% of Avantis U.S. Equity ETF as of its most recent SEC filing.

Several other large investors have also added to or reduced their stakes in AVUS. RVW Wealth LLC purchased a new position in Avantis U.S. Equity ETF during the 3rd quarter valued at about $116,689,000. SC&H Financial Advisors Inc. bought a new stake in shares of Avantis U.S. Equity ETF during the third quarter valued at about $83,611,000. Gradient Investments LLC bought a new stake in shares of Avantis U.S. Equity ETF during the third quarter valued at about $70,105,000. HB Wealth Management LLC lifted its holdings in shares of Avantis U.S. Equity ETF by 9.4% in the first quarter. HB Wealth Management LLC now owns 5,744,706 shares of the company’s stock worth $638,692,000 after buying an additional 495,876 shares in the last quarter. Finally, Bank of America Corp DE lifted its holdings in shares of Avantis U.S. Equity ETF by 91.3% in the first quarter. Bank of America Corp DE now owns 875,159 shares of the company’s stock worth $97,300,000 after buying an additional 417,664 shares in the last quarter.

Avantis U.S. Equity ETF Trading Down 0.6%

Shares of Avantis U.S. Equity ETF stock opened at $128.06 on Friday. The company’s 50-day moving average price is $129.78 and its 200-day moving average price is $126.95. Avantis U.S. Equity ETF has a 12-month low of $105.72 and a 12-month high of $132.81. The company has a market cap of $14.64 billion, a price-to-earnings ratio of 20.35 and a beta of 1.00.

About Avantis U.S. Equity ETF

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.