Nwam LLC Makes New Investment in Avantis U.S. Equity ETF (NYSEARCA:AVUS)

Nwam LLC bought a new stake in Avantis U.S. Equity ETF (NYSEARCA:AVUS) in the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor bought 8,662 shares of the company’s stock, valued at approximately $824,000.

Other institutional investors and hedge funds also recently modified their holdings of the company. Silverlake Wealth Management LLC grew its stake in Avantis U.S. Equity ETF by 0.4% in the 3rd quarter. Silverlake Wealth Management LLC now owns 30,319 shares of the company’s stock valued at $2,885,000 after purchasing an additional 106 shares during the period. PrairieView Partners LLC grew its position in Avantis U.S. Equity ETF by 1.6% during the second quarter. PrairieView Partners LLC now owns 8,708 shares of the company’s stock valued at $785,000 after buying an additional 138 shares during the period. Waterfront Wealth Inc. grew its position in Avantis U.S. Equity ETF by 1.0% during the second quarter. Waterfront Wealth Inc. now owns 14,471 shares of the company’s stock valued at $1,305,000 after buying an additional 150 shares during the period. Tranquility Partners LLC raised its position in Avantis U.S. Equity ETF by 3.9% in the second quarter. Tranquility Partners LLC now owns 4,268 shares of the company’s stock worth $385,000 after acquiring an additional 161 shares during the period. Finally, Global Trust Asset Management LLC boosted its stake in Avantis U.S. Equity ETF by 71.4% in the third quarter. Global Trust Asset Management LLC now owns 480 shares of the company’s stock valued at $46,000 after acquiring an additional 200 shares during the last quarter.

Avantis U.S. Equity ETF Stock Up 0.7 %

Shares of AVUS stock opened at $100.67 on Friday. The company has a 50 day moving average of $96.46 and a 200-day moving average of $92.65. Avantis U.S. Equity ETF has a 12-month low of $76.42 and a 12-month high of $100.78. The firm has a market cap of $7.26 billion, a P/E ratio of 17.22 and a beta of 1.00.

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.