Avantis U.S. Equity ETF (NYSEARCA:AVUS) is RVW Wealth LLC’s Largest Position

RVW Wealth LLC lowered its holdings in Avantis U.S. Equity ETF (NYSEARCA:AVUS) by 2.3% during the fourth quarter, HoldingsChannel reports. The fund owned 1,037,078 shares of the company’s stock after selling 24,402 shares during the period. Avantis U.S. Equity ETF accounts for about 9.4% of RVW Wealth LLC’s investment portfolio, making the stock its biggest holding. RVW Wealth LLC’s holdings in Avantis U.S. Equity ETF were worth $100,524,000 as of its most recent SEC filing.

Several other institutional investors have also recently added to or reduced their stakes in the business. Annex Advisory Services LLC lifted its position in shares of Avantis U.S. Equity ETF by 25.0% during the 3rd quarter. Annex Advisory Services LLC now owns 3,393,936 shares of the company’s stock worth $322,933,000 after buying an additional 679,655 shares during the last quarter. Simplicity Wealth LLC lifted its holdings in shares of Avantis U.S. Equity ETF by 837.3% in the 3rd quarter. Simplicity Wealth LLC now owns 629,361 shares of the company’s stock valued at $59,884,000 after purchasing an additional 562,213 shares during the last quarter. McGlone Suttner Wealth Management Inc. boosted its position in shares of Avantis U.S. Equity ETF by 2,221.3% in the 3rd quarter. McGlone Suttner Wealth Management Inc. now owns 345,642 shares of the company’s stock valued at $32,888,000 after purchasing an additional 330,752 shares during the period. Ridgeline Wealth LLC purchased a new position in Avantis U.S. Equity ETF during the 4th quarter worth approximately $26,663,000. Finally, Smith Anglin Financial LLC boosted its holdings in shares of Avantis U.S. Equity ETF by 45.6% in the third quarter. Smith Anglin Financial LLC now owns 846,295 shares of the company’s stock valued at $80,525,000 after acquiring an additional 265,209 shares during the period.

Avantis U.S. Equity ETF Stock Performance

Shares of AVUS opened at $100.92 on Thursday. The firm has a 50-day simple moving average of $99.50 and a 200-day simple moving average of $95.84. The company has a market capitalization of $7.28 billion, a price-to-earnings ratio of 17.22 and a beta of 1.00. Avantis U.S. Equity ETF has a fifty-two week low of $81.73 and a fifty-two week 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.