ARQ Wealth Advisors LLC Grows Stock Position in Avantis U.S. Equity ETF $AVUS

ARQ Wealth Advisors LLC lifted its position in Avantis U.S. Equity ETF (NYSEARCA:AVUS) by 13.5% in the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 145,598 shares of the company’s stock after acquiring an additional 17,268 shares during the quarter. Avantis U.S. Equity ETF accounts for approximately 4.7% of ARQ Wealth Advisors LLC’s holdings, making the stock its largest position. ARQ Wealth Advisors LLC owned 0.16% of Avantis U.S. Equity ETF worth $15,827,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently modified their holdings of the business. Great Point Wealth Advisors LLC acquired a new position in Avantis U.S. Equity ETF during the 3rd quarter worth $122,327,000. HB Wealth Management LLC raised its stake in shares of Avantis U.S. Equity ETF by 27.5% during the third quarter. HB Wealth Management LLC now owns 4,762,043 shares of the company’s stock valued at $517,634,000 after purchasing an additional 1,026,636 shares in the last quarter. Mercer Global Advisors Inc. ADV lifted its holdings in Avantis U.S. Equity ETF by 181.2% in the third quarter. Mercer Global Advisors Inc. ADV now owns 1,134,255 shares of the company’s stock worth $123,293,000 after purchasing an additional 730,960 shares during the period. CPC Advisors LLC acquired a new stake in Avantis U.S. Equity ETF in the third quarter worth about $52,305,000. Finally, McLean Asset Management Corp grew its position in Avantis U.S. Equity ETF by 214.0% in the 3rd quarter. McLean Asset Management Corp now owns 478,285 shares of the company’s stock valued at $52,329,000 after buying an additional 325,942 shares in the last quarter.

Avantis U.S. Equity ETF Trading Up 0.5%

Avantis U.S. Equity ETF stock opened at $113.06 on Wednesday. Avantis U.S. Equity ETF has a 52 week low of $79.20 and a 52 week high of $118.27. The stock has a market cap of $10.81 billion, a price-to-earnings ratio of 20.35 and a beta of 1.02. The company’s 50-day moving average price is $115.35 and its two-hundred day moving average price is $111.69.

About Avantis U.S. Equity ETF

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.