Global Wealth Strategies & Associates Acquires New Position in Avantis U.S. Equity ETF (NYSEARCA:AVUS)

Global Wealth Strategies & Associates purchased a new position in shares of Avantis U.S. Equity ETF (NYSEARCA:AVUS) during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund purchased 996 shares of the company’s stock, valued at approximately $97,000.

Several other institutional investors and hedge funds have also recently modified their holdings of the company. Strategic Financial Concepts LLC raised its stake in Avantis U.S. Equity ETF by 11,264.4% during the second 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 during the period. Annex Advisory Services LLC lifted its holdings in Avantis U.S. Equity ETF by 25.0% in the third quarter. Annex Advisory Services LLC now owns 3,393,936 shares of the company’s stock valued at $322,933,000 after acquiring an additional 679,655 shares during the last quarter. American Century Companies Inc. grew its position in Avantis U.S. Equity ETF by 5.8% in the second quarter. American Century Companies Inc. now owns 2,924,011 shares of the company’s stock worth $263,717,000 after acquiring an additional 159,134 shares during the period. Envestnet Asset Management Inc. increased its stake in Avantis U.S. Equity ETF by 6.8% during the second quarter. Envestnet Asset Management Inc. now owns 1,632,278 shares of the company’s stock worth $147,215,000 after acquiring an additional 104,125 shares during the last quarter. Finally, Northwestern Mutual Wealth Management Co. raised its position in Avantis U.S. Equity ETF by 1.6% in the second quarter. Northwestern Mutual Wealth Management Co. now owns 1,470,657 shares of the company’s stock valued at $132,638,000 after purchasing an additional 23,513 shares during the period.

Avantis U.S. Equity ETF Stock Performance

Shares of Avantis U.S. Equity ETF stock traded down $0.44 during trading hours on Thursday, hitting $96.49. The company’s stock had a trading volume of 352,820 shares, compared to its average volume of 252,044. The stock has a market cap of $6.96 billion, a price-to-earnings ratio of 17.22 and a beta of 1.00. The firm has a fifty day moving average of $99.03 and a 200-day moving average of $94.73. Avantis U.S. Equity ETF has a twelve month low of $79.55 and a twelve month high of $102.23.

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.