KWB Wealth Acquires 2,632 Shares of Avantis U.S. Equity ETF (NYSEARCA:AVUS)

KWB Wealth grew its holdings in Avantis U.S. Equity ETF (NYSEARCA:AVUS) by 7.9% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 35,838 shares of the company’s stock after purchasing an additional 2,632 shares during the period. KWB Wealth’s holdings in Avantis U.S. Equity ETF were worth $3,410,000 as of its most recent SEC filing.

Several other hedge funds have also recently modified their holdings of AVUS. National Bank of Canada FI bought a new stake in Avantis U.S. Equity ETF in the 2nd quarter worth about $25,000. 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. Fortitude Family Office LLC bought a new stake in shares of Avantis U.S. Equity ETF in the third quarter worth approximately $95,000. Global Wealth Strategies & Associates purchased a new position in shares of Avantis U.S. Equity ETF during the fourth quarter valued at approximately $97,000. Finally, Empower Advisory Group LLC purchased a new position in shares of Avantis U.S. Equity ETF during the third quarter valued at approximately $202,000.

Avantis U.S. Equity ETF Trading Up 0.3 %

Shares of AVUS stock opened at $96.63 on Tuesday. Avantis U.S. Equity ETF has a 12-month low of $79.55 and a 12-month high of $102.23. The stock has a market capitalization of $6.97 billion, a P/E ratio of 17.22 and a beta of 1.00. The firm’s 50 day moving average is $99.33 and its 200 day moving average is $95.16.

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.