Sax Wealth Advisors LLC Purchases New Position in Avantis U.S. Equity ETF (NYSEARCA:AVUS)

Sax Wealth Advisors LLC acquired a new stake in Avantis U.S. Equity ETF (NYSEARCA:AVUS) during the 4th quarter, Holdings Channel.com reports. The fund acquired 145,618 shares of the company’s stock, valued at approximately $14,115,000. Avantis U.S. Equity ETF comprises approximately 1.1% of Sax Wealth Advisors LLC’s holdings, making the stock its 19th largest position.

Other institutional investors have also added to or reduced their stakes in the company. Silverlake Wealth Management LLC raised its stake in shares of Avantis U.S. Equity ETF by 0.4% in the third quarter. Silverlake Wealth Management LLC now owns 30,319 shares of the company’s stock worth $2,885,000 after purchasing an additional 106 shares during the last quarter. SageView Advisory Group LLC raised its position in Avantis U.S. Equity ETF by 0.5% in the 3rd quarter. SageView Advisory Group LLC now owns 28,933 shares of the company’s stock worth $2,753,000 after buying an additional 133 shares during the last quarter. Certified Advisory Corp lifted its stake in Avantis U.S. Equity ETF by 0.7% during the 4th quarter. Certified Advisory Corp now owns 28,015 shares of the company’s stock valued at $2,715,000 after acquiring an additional 185 shares during the period. Clarity Asset Management Inc. boosted its holdings in shares of Avantis U.S. Equity ETF by 10.1% during the 3rd quarter. Clarity Asset Management Inc. now owns 2,149 shares of the company’s stock valued at $204,000 after acquiring an additional 197 shares during the last quarter. Finally, Global Trust Asset Management LLC boosted its holdings in shares of Avantis U.S. Equity ETF by 71.4% during the 3rd 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 0.8 %

Shares of AVUS stock opened at $99.85 on Friday. The company has a 50 day moving average price of $99.33 and a 200-day moving average price of $95.26. Avantis U.S. Equity ETF has a 52 week low of $79.88 and a 52 week high of $102.23. The firm has a market capitalization of $7.20 billion, a PE ratio of 17.22 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.