Avantax Advisory Services Inc. Boosts Position in Avantis U.S. Equity ETF (NYSEARCA:AVUS)

Avantax Advisory Services Inc. boosted its position in shares of Avantis U.S. Equity ETF (NYSEARCA:AVUS) by 18.6% during the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 91,322 shares of the company’s stock after purchasing an additional 14,301 shares during the quarter. Avantax Advisory Services Inc. owned approximately 0.13% of Avantis U.S. Equity ETF worth $8,852,000 at the end of the most recent reporting period.

A number of other institutional investors also recently bought and sold shares of AVUS. Strategic Financial Concepts LLC raised its holdings in shares of Avantis U.S. Equity ETF by 11,619.3% in the fourth quarter. Strategic Financial Concepts LLC now owns 19,954,274 shares of the company’s stock worth $21,023,000 after acquiring an additional 19,784,005 shares during the last quarter. Life Planning Partners Inc raised its holdings in shares of Avantis U.S. Equity ETF by 9,594.1% in the fourth quarter. Life Planning Partners Inc now owns 953,900 shares of the company’s stock worth $92,000 after acquiring an additional 944,060 shares during the last quarter. Raymond James Financial Inc. acquired a new position in shares of Avantis U.S. Equity ETF in the fourth quarter worth $52,872,000. Ridgeline Wealth LLC acquired a new position in shares of Avantis U.S. Equity ETF in the fourth quarter worth $26,663,000. Finally, Bridgewater Advisors Inc. raised its holdings in shares of Avantis U.S. Equity ETF by 62.4% in the fourth quarter. Bridgewater Advisors Inc. now owns 512,944 shares of the company’s stock worth $49,853,000 after acquiring an additional 197,030 shares during the last quarter.

Avantis U.S. Equity ETF Stock Down 1.5 %

NYSEARCA AVUS opened at $90.70 on Friday. Avantis U.S. Equity ETF has a fifty-two week low of $84.26 and a fifty-two week high of $102.23. The stock has a market cap of $7.41 billion, a price-to-earnings ratio of 21.19 and a beta of 1.06. The business has a fifty day moving average of $98.52 and a 200-day moving average of $97.38.

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.