Avantis U.S. Equity ETF $AVUS Shares Purchased by Elevation Wealth Partners LLC

Elevation Wealth Partners LLC grew its holdings in shares of Avantis U.S. Equity ETF (NYSEARCA:AVUS) by 13.3% during the third quarter, Holdings Channel reports. The firm owned 38,679 shares of the company’s stock after purchasing an additional 4,537 shares during the period. Avantis U.S. Equity ETF accounts for about 1.4% of Elevation Wealth Partners LLC’s portfolio, making the stock its 15th largest position. Elevation Wealth Partners LLC’s holdings in Avantis U.S. Equity ETF were worth $4,954,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also modified their holdings of the company. Align Financial LLC acquired a new position in Avantis U.S. Equity ETF during the fourth quarter worth $4,024,752,000. HB Wealth Management LLC raised its stake in shares of Avantis U.S. Equity ETF by 4.9% in the 2nd quarter. HB Wealth Management LLC now owns 6,026,439 shares of the company’s stock valued at $771,865,000 after acquiring an additional 281,733 shares in the last quarter. Maseco LLP acquired a new stake in Avantis U.S. Equity ETF in the 1st quarter worth approximately $259,864,000. Annex Advisory Services LLC boosted its position in Avantis U.S. Equity ETF by 5.0% during the second quarter. Annex Advisory Services LLC now owns 2,025,359 shares of the company’s stock worth $259,408,000 after purchasing an additional 96,288 shares during the period. Finally, Envestnet Asset Management Inc. boosted its position in Avantis U.S. Equity ETF by 9.7% during the second quarter. Envestnet Asset Management Inc. now owns 2,009,207 shares of the company’s stock worth $257,339,000 after purchasing an additional 177,765 shares during the period.

Avantis U.S. Equity ETF Stock Down 0.4%

AVUS stock traded down $0.56 during midday trading on Wednesday, hitting $130.20. 248,400 shares of the company traded hands, compared to its average volume of 321,997. Avantis U.S. Equity ETF has a twelve month low of $105.72 and a twelve month high of $132.81. The stock has a market capitalization of $14.69 billion, a price-to-earnings ratio of 20.35 and a beta of 1.00. The business has a 50 day simple moving average of $130.01 and a 200-day simple moving average of $125.48.

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.