Platform Wealth Management LLC Makes New Investment in Avantis U.S. Equity ETF $AVUS

Platform Wealth Management LLC acquired a new position in shares of Avantis U.S. Equity ETF (NYSEARCA:AVUS) during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 12,485 shares of the company’s stock, valued at approximately $1,396,000.

Several other institutional investors have also recently bought and sold shares of the business. Brighton Jones LLC purchased a new stake in shares of Avantis U.S. Equity ETF in the fourth quarter valued at about $670,000. EverSource Wealth Advisors LLC raised its holdings in shares of Avantis U.S. Equity ETF by 138.7% in the second quarter. EverSource Wealth Advisors LLC now owns 358 shares of the company’s stock valued at $36,000 after purchasing an additional 208 shares during the last quarter. First Trust Advisors LP raised its holdings in shares of Avantis U.S. Equity ETF by 140.4% in the second quarter. First Trust Advisors LP now owns 15,448 shares of the company’s stock valued at $1,557,000 after purchasing an additional 9,022 shares during the last quarter. Qube Research & Technologies Ltd raised its holdings in shares of Avantis U.S. Equity ETF by 17.6% in the second quarter. Qube Research & Technologies Ltd now owns 964 shares of the company’s stock valued at $97,000 after purchasing an additional 144 shares during the last quarter. Finally, Quantinno Capital Management LP purchased a new stake in shares of Avantis U.S. Equity ETF in the second quarter valued at about $1,901,000.

Avantis U.S. Equity ETF Price Performance

Shares of AVUS stock opened at $127.63 on Thursday. The firm has a 50-day moving average of $120.31 and a 200-day moving average of $115.89. The company has a market cap of $12.75 billion, a P/E ratio of 20.35 and a beta of 0.99. Avantis U.S. Equity ETF has a one year low of $96.72 and a one year high of $128.36.

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.