Diversify Wealth Management LLC Acquires New Position in Avantis U.S. Equity ETF $AVUS

Diversify Wealth Management LLC purchased a new position in shares of Avantis U.S. Equity ETF (NYSEARCA:AVUS) in the 1st quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm purchased 4,301 shares of the company’s stock, valued at approximately $519,000.

Several other institutional investors have also recently added to or reduced their stakes in the business. Brighton Jones LLC acquired a new stake in Avantis U.S. Equity ETF during the 4th quarter worth approximately $670,000. EverSource Wealth Advisors LLC grew its stake in Avantis U.S. Equity ETF by 138.7% in the second quarter. EverSource Wealth Advisors LLC now owns 358 shares of the company’s stock worth $36,000 after purchasing an additional 208 shares in the last quarter. First Trust Advisors LP grew its stake in Avantis U.S. Equity ETF by 140.4% in the second quarter. First Trust Advisors LP now owns 15,448 shares of the company’s stock worth $1,557,000 after purchasing an additional 9,022 shares in the last quarter. Qube Research & Technologies Ltd increased its stake in Avantis U.S. Equity ETF by 17.6% during the second quarter. Qube Research & Technologies Ltd now owns 964 shares of the company’s stock valued at $97,000 after purchasing an additional 144 shares during the last quarter. Finally, Quantinno Capital Management LP bought a new position in shares of Avantis U.S. Equity ETF during the second quarter valued at approximately $1,901,000.

Avantis U.S. Equity ETF Trading Down 0.8%

Shares of NYSEARCA AVUS opened at $127.12 on Friday. The company has a market cap of $13.79 billion, a price-to-earnings ratio of 20.35 and a beta of 0.99. Avantis U.S. Equity ETF has a 12-month low of $100.82 and a 12-month high of $128.86. The stock’s 50 day simple moving average is $126.65 and its 200 day simple moving average is $119.47.

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.