Echo Wealth Management LLC Has $8.55 Million Holdings in Avantis U.S. Equity ETF (NYSEARCA:AVUS)

Echo Wealth Management LLC lowered its holdings in Avantis U.S. Equity ETF (NYSEARCA:AVUS) by 0.6% during the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 88,241 shares of the company’s stock after selling 495 shares during the quarter. Avantis U.S. Equity ETF comprises about 5.9% of Echo Wealth Management LLC’s investment portfolio, making the stock its 7th largest position. Echo Wealth Management LLC owned 0.12% of Avantis U.S. Equity ETF worth $8,553,000 at the end of the most recent quarter.

Several other large investors also recently made changes to their positions in AVUS. Global Trust Asset Management LLC lifted its position in 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 worth $46,000 after buying an additional 200 shares in the last quarter. Fortitude Family Office LLC acquired a new stake in shares of Avantis U.S. Equity ETF in the third quarter valued at approximately $95,000. Global Wealth Strategies & Associates bought a new position in Avantis U.S. Equity ETF in the 4th quarter worth approximately $97,000. Empower Advisory Group LLC acquired a new position in Avantis U.S. Equity ETF during the 3rd quarter worth $202,000. Finally, Abacus Wealth Partners LLC bought a new position in Avantis U.S. Equity ETF in the 3rd quarter valued at $203,000.

Avantis U.S. Equity ETF Stock Down 0.2 %

Avantis U.S. Equity ETF stock opened at $101.22 on Friday. The business’s 50-day simple moving average is $99.44 and its 200 day simple moving average is $95.67. The stock has a market cap of $7.30 billion, a price-to-earnings ratio of 17.22 and a beta of 1.00. Avantis U.S. Equity ETF has a 12-month low of $81.73 and a 12-month high of $102.23.

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.