Avantis U.S. Equity ETF $AVUS is Arcadia Wealth Management Inc.’s 2nd Largest Position

Arcadia Wealth Management Inc. raised its stake in shares of Avantis U.S. Equity ETF (NYSEARCA:AVUS) by 7.2% in the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 317,005 shares of the company’s stock after acquiring an additional 21,199 shares during the period. Avantis U.S. Equity ETF makes up 20.9% of Arcadia Wealth Management Inc.’s holdings, making the stock its 2nd biggest holding. Arcadia Wealth Management Inc. owned approximately 0.35% of Avantis U.S. Equity ETF worth $34,458,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other large investors have also recently made changes to their positions in AVUS. Werba Rubin Papier Wealth Management increased its holdings in Avantis U.S. Equity ETF by 4.4% in the 3rd quarter. Werba Rubin Papier Wealth Management now owns 680,282 shares of the company’s stock valued at $73,947,000 after purchasing an additional 28,515 shares during the last quarter. Berman McAleer LLC acquired a new position in Avantis U.S. Equity ETF during the third quarter worth $440,000. Cornerstone Wealth Management LLC boosted its position in shares of Avantis U.S. Equity ETF by 2.5% during the third quarter. Cornerstone Wealth Management LLC now owns 75,937 shares of the company’s stock worth $8,254,000 after buying an additional 1,879 shares during the period. Foundations Investment Advisors LLC grew its stake in shares of Avantis U.S. Equity ETF by 2.0% in the third quarter. Foundations Investment Advisors LLC now owns 135,245 shares of the company’s stock valued at $14,701,000 after buying an additional 2,700 shares in the last quarter. Finally, Cloud Capital Management LLC grew its stake in shares of Avantis U.S. Equity ETF by 1.7% in the third quarter. Cloud Capital Management LLC now owns 58,475 shares of the company’s stock valued at $6,356,000 after buying an additional 983 shares in the last quarter.

Avantis U.S. Equity ETF Trading Down 0.5%

AVUS stock opened at $115.67 on Friday. The company has a market capitalization of $11.06 billion, a PE ratio of 20.35 and a beta of 1.02. The business’s fifty day moving average price is $113.07 and its 200 day moving average price is $109.02. Avantis U.S. Equity ETF has a 12-month low of $79.20 and a 12-month high of $116.55.

Avantis U.S. Equity ETF Company 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.