Avantis U.S. Equity ETF $AVUS Stock Holdings Increased by Arcadia Wealth Management Inc.

Arcadia Wealth Management Inc. increased its position in shares of Avantis U.S. Equity ETF (NYSEARCA:AVUS) by 5.8% during the fourth quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 335,379 shares of the company’s stock after buying an additional 18,374 shares during the period. Avantis U.S. Equity ETF accounts for 21.5% of Arcadia Wealth Management Inc.’s holdings, making the stock its biggest position. Arcadia Wealth Management Inc.’s holdings in Avantis U.S. Equity ETF were worth $37,489,000 at the end of the most recent reporting period.

Other hedge funds have also recently added to or reduced their stakes in the company. Bank of New York Mellon Corp lifted its holdings in Avantis U.S. Equity ETF by 10.2% during the fourth quarter. Bank of New York Mellon Corp now owns 704,499 shares of the company’s stock valued at $78,749,000 after purchasing an additional 65,408 shares in the last quarter. Peak Retirement Planning Inc. purchased a new position in Avantis U.S. Equity ETF during the fourth quarter valued at $208,000. Natixis Advisors LLC purchased a new position in Avantis U.S. Equity ETF during the fourth quarter valued at $1,371,000. Cogent Private Wealth Inc. purchased a new position in Avantis U.S. Equity ETF during the fourth quarter valued at $3,450,000. Finally, Clear Harbor Asset Management LLC lifted its holdings in Avantis U.S. Equity ETF by 4.5% during the fourth quarter. Clear Harbor Asset Management LLC now owns 26,275 shares of the company’s stock valued at $2,937,000 after purchasing an additional 1,131 shares in the last quarter.

Avantis U.S. Equity ETF Stock Up 0.5%

AVUS opened at $128.22 on Wednesday. The company has a market cap of $12.81 billion, a price-to-earnings ratio of 20.35 and a beta of 0.99. Avantis U.S. Equity ETF has a 52-week low of $96.61 and a 52-week high of $128.36. The firm’s fifty day simple moving average is $119.62 and its two-hundred day simple moving average is $115.63.

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.