JPMorgan Chase & Co. Grows Position in Avantis U.S. Equity ETF $AVUS

JPMorgan Chase & Co. raised its stake in Avantis U.S. Equity ETF (NYSEARCA:AVUS) by 5.5% in the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 225,763 shares of the company’s stock after acquiring an additional 11,820 shares during the quarter. JPMorgan Chase & Co.’s holdings in Avantis U.S. Equity ETF were worth $24,541,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also made changes to their positions in the stock. Great Point Wealth Advisors LLC purchased a new stake in Avantis U.S. Equity ETF during the 3rd quarter worth about $122,327,000. Highland Financial Advisors LLC lifted its holdings in Avantis U.S. Equity ETF by 3.7% in the 3rd quarter. Highland Financial Advisors LLC now owns 306,873 shares of the company’s stock valued at $33,357,000 after purchasing an additional 10,921 shares in the last quarter. Fonville Wealth Management LLC lifted its holdings in Avantis U.S. Equity ETF by 5.4% in the 3rd quarter. Fonville Wealth Management LLC now owns 122,088 shares of the company’s stock valued at $13,271,000 after purchasing an additional 6,239 shares in the last quarter. Betterment LLC boosted its stake in shares of Avantis U.S. Equity ETF by 8.5% during the 2nd quarter. Betterment LLC now owns 60,610 shares of the company’s stock worth $6,111,000 after purchasing an additional 4,735 shares during the last quarter. Finally, McGlone Suttner Wealth Management Inc. boosted its stake in shares of Avantis U.S. Equity ETF by 2.0% during the 3rd quarter. McGlone Suttner Wealth Management Inc. now owns 503,898 shares of the company’s stock worth $54,774,000 after purchasing an additional 9,777 shares during the last quarter.

Avantis U.S. Equity ETF Price Performance

Shares of NYSEARCA AVUS opened at $111.39 on Tuesday. The company has a 50-day simple moving average of $115.08 and a 200-day simple moving average of $111.84. The company has a market cap of $10.65 billion, a PE ratio of 20.35 and a beta of 1.02. Avantis U.S. Equity ETF has a 12 month low of $79.20 and a 12 month high of $118.27.

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.