KWB Wealth Buys 1,378 Shares of Avantis U.S. Equity ETF $AVUS

KWB Wealth raised its stake in Avantis U.S. Equity ETF (NYSEARCA:AVUS) by 4.0% in the second quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 36,032 shares of the company’s stock after purchasing an additional 1,378 shares during the quarter. KWB Wealth’s holdings in Avantis U.S. Equity ETF were worth $3,329,000 at the end of the most recent reporting period.

Other hedge funds have also recently bought and sold shares of the company. Bank of New York Mellon Corp grew its stake in Avantis U.S. Equity ETF by 12.9% in the first quarter. Bank of New York Mellon Corp now owns 539,378 shares of the company’s stock valued at $49,828,000 after purchasing an additional 61,784 shares in the last quarter. Stratos Wealth Partners LTD. boosted its stake in shares of Avantis U.S. Equity ETF by 15.0% during the 1st quarter. Stratos Wealth Partners LTD. now owns 7,256 shares of the company’s stock worth $670,000 after acquiring an additional 945 shares during the period. Sowell Financial Services LLC bought a new position in shares of Avantis U.S. Equity ETF during the 1st quarter worth approximately $248,000. PNC Financial Services Group Inc. boosted its stake in shares of Avantis U.S. Equity ETF by 415.1% during the 1st quarter. PNC Financial Services Group Inc. now owns 19,567 shares of the company’s stock worth $1,808,000 after acquiring an additional 15,768 shares during the period. Finally, Janney Montgomery Scott LLC boosted its stake in shares of Avantis U.S. Equity ETF by 2.8% during the 1st quarter. Janney Montgomery Scott LLC now owns 5,412 shares of the company’s stock worth $500,000 after acquiring an additional 146 shares during the period.

Avantis U.S. Equity ETF Trading Up 0.7%

Shares of NYSEARCA AVUS opened at $108.39 on Friday. Avantis U.S. Equity ETF has a 12 month low of $79.20 and a 12 month high of $109.30. The stock has a 50 day moving average of $105.55 and a 200-day moving average of $98.43. The company has a market capitalization of $9.52 billion, a P/E ratio of 20.35 and a beta of 1.05.

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.