Axxcess Wealth Management LLC Boosts Stock Holdings in Avantis U.S. Equity ETF $AVUS

Axxcess Wealth Management LLC raised its holdings in shares of Avantis U.S. Equity ETF (NYSEARCA:AVUS) by 283.4% in the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 359,010 shares of the company’s stock after buying an additional 265,372 shares during the period. Axxcess Wealth Management LLC’s holdings in Avantis U.S. Equity ETF were worth $40,130,000 at the end of the most recent reporting period.

Several other institutional investors have also added to or reduced their stakes in AVUS. Financial Plan Inc. purchased a new stake in Avantis U.S. Equity ETF during the fourth quarter valued at about $149,298,000. Northwestern Mutual Wealth Management Co. boosted its position in Avantis U.S. Equity ETF by 145.2% during the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 1,750,845 shares of the company’s stock valued at $195,709,000 after buying an additional 1,036,918 shares during the period. Mercer Global Advisors Inc. ADV boosted its holdings in shares of Avantis U.S. Equity ETF by 181.2% during the third quarter. Mercer Global Advisors Inc. ADV now owns 1,134,255 shares of the company’s stock worth $123,293,000 after purchasing an additional 730,960 shares during the period. HB Wealth Management LLC boosted its holdings in shares of Avantis U.S. Equity ETF by 10.2% during the fourth quarter. HB Wealth Management LLC now owns 5,248,830 shares of the company’s stock worth $586,714,000 after purchasing an additional 486,787 shares during the period. Finally, Indivisible Partners purchased a new stake in shares of Avantis U.S. Equity ETF during the fourth quarter worth about $38,867,000.

Avantis U.S. Equity ETF Trading Up 0.2%

Avantis U.S. Equity ETF stock opened at $125.19 on Friday. The firm has a 50-day moving average of $117.57 and a 200-day moving average of $114.79. The firm has a market cap of $12.51 billion, a P/E ratio of 20.35 and a beta of 0.99. Avantis U.S. Equity ETF has a 1-year low of $94.17 and a 1-year high of $126.16.

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.