Commonwealth Equity Services LLC Purchases 1,452,465 Shares of Avantis U.S. Equity ETF $AVUS

Commonwealth Equity Services LLC acquired a new position in Avantis U.S. Equity ETF (NYSEARCA:AVUS) in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm acquired 1,452,465 shares of the company’s stock, valued at approximately $186,046,000.

Other large investors also recently added to or reduced their stakes in the company. HB Wealth Management LLC raised its stake in 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 during the period. 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. Envestnet Asset Management Inc. increased its stake in shares of Avantis U.S. Equity ETF by 9.7% in 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 in the last quarter. Modera Wealth Management LLC increased its stake in shares of Avantis U.S. Equity ETF by 3.4% in the first quarter. Modera Wealth Management LLC now owns 1,027,703 shares of the company’s stock worth $114,260,000 after purchasing an additional 33,490 shares in the last quarter. Finally, RVW Wealth LLC purchased a new position in shares of Avantis U.S. Equity ETF in the third quarter worth about $116,689,000.

Avantis U.S. Equity ETF Stock Down 4.1%

NYSEARCA AVUS opened at $124.33 on Friday. The company’s 50 day moving average is $129.35 and its 200-day moving average is $123.73. Avantis U.S. Equity ETF has a 12-month low of $105.72 and a 12-month high of $132.81. The firm has a market cap of $14.24 billion, a P/E ratio of 20.35 and a beta of 1.00.

Avantis U.S. Equity ETF 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.