Approach Retirement Advisors LLC Makes New $6.30 Million Investment in Avantis U.S. Equity ETF $AVUS

Approach Retirement Advisors LLC purchased a new stake in Avantis U.S. Equity ETF (NYSEARCA:AVUS) in the fourth quarter, according to the company in its most recent filing with the SEC. The firm purchased 56,317 shares of the company’s stock, valued at approximately $6,295,000. Avantis U.S. Equity ETF makes up about 5.4% of Approach Retirement Advisors LLC’s investment portfolio, making the stock its 5th biggest holding. Approach Retirement Advisors LLC owned 0.06% of Avantis U.S. Equity ETF at the end of the most recent quarter.

A number of other institutional investors have also recently added to or reduced their stakes in the stock. SP Asset Management LLC purchased a new stake in shares of Avantis U.S. Equity ETF during the 4th quarter worth approximately $202,000. Chicago Partners Investment Group LLC increased its stake in Avantis U.S. Equity ETF by 1.0% in the 4th quarter. Chicago Partners Investment Group LLC now owns 218,141 shares of the company’s stock valued at $25,056,000 after purchasing an additional 2,117 shares in the last quarter. HB Wealth Management LLC raised its holdings in Avantis U.S. Equity ETF by 10.2% during the fourth quarter. HB Wealth Management LLC now owns 5,248,830 shares of the company’s stock worth $586,714,000 after purchasing an additional 486,787 shares during the last quarter. Caliber Wealth Management LLC KS raised its holdings in Avantis U.S. Equity ETF by 9.3% during the fourth quarter. Caliber Wealth Management LLC KS now owns 565,860 shares of the company’s stock worth $63,252,000 after purchasing an additional 48,249 shares during the last quarter. Finally, CPC Advisors LLC boosted its position in Avantis U.S. Equity ETF by 1.4% during the fourth quarter. CPC Advisors LLC now owns 488,010 shares of the company’s stock worth $54,550,000 after purchasing an additional 6,820 shares in the last quarter.

Avantis U.S. Equity ETF Stock Performance

Avantis U.S. Equity ETF stock opened at $121.17 on Friday. Avantis U.S. Equity ETF has a fifty-two week low of $88.56 and a fifty-two week high of $121.38. The firm has a market capitalization of $12.04 billion, a price-to-earnings ratio of 20.35 and a beta of 1.00. The stock’s fifty day moving average is $114.90 and its two-hundred day moving average is $112.98.

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.