Avantis U.S. Equity ETF (NYSEARCA:AVUS) Shares Acquired by FMB Wealth Management

FMB Wealth Management increased its stake in shares of Avantis U.S. Equity ETF (NYSEARCA:AVUS) by 2.8% during the 3rd quarter, Holdings Channel reports. The fund owned 113,733 shares of the company’s stock after purchasing an additional 3,123 shares during the quarter. Avantis U.S. Equity ETF makes up about 6.1% of FMB Wealth Management’s investment portfolio, making the stock its 4th largest position. FMB Wealth Management’s holdings in Avantis U.S. Equity ETF were worth $10,822,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors also recently bought and sold shares of the stock. Ausdal Financial Partners Inc. increased its holdings in Avantis U.S. Equity ETF by 198.8% in the third quarter. Ausdal Financial Partners Inc. now owns 78,188 shares of the company’s stock valued at $7,440,000 after buying an additional 52,021 shares in the last quarter. Hardin Capital Partners LLC purchased a new position in shares of Avantis U.S. Equity ETF in the 2nd quarter valued at about $522,000. Raymond James & Associates raised its holdings in Avantis U.S. Equity ETF by 11.4% in the 3rd quarter. Raymond James & Associates now owns 233,493 shares of the company’s stock worth $22,217,000 after purchasing an additional 23,986 shares during the period. Brookstone Capital Management purchased a new position in Avantis U.S. Equity ETF during the second quarter worth approximately $231,000. Finally, Sunbelt Securities Inc. grew its holdings in Avantis U.S. Equity ETF by 6.3% in the second quarter. Sunbelt Securities Inc. now owns 9,545 shares of the company’s stock valued at $861,000 after purchasing an additional 564 shares during the period.

Avantis U.S. Equity ETF Price Performance

Avantis U.S. Equity ETF stock opened at $100.09 on Friday. The stock has a market capitalization of $7.22 billion, a PE ratio of 17.22 and a beta of 1.00. The business has a 50 day simple moving average of $94.82 and a 200-day simple moving average of $91.69. Avantis U.S. Equity ETF has a 12 month low of $72.86 and a 12 month high of $100.32.

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.