Sax Wealth Advisors LLC Buys New Stake in Avantis U.S. Equity ETF $AVUS

Sax Wealth Advisors LLC purchased a new stake in Avantis U.S. Equity ETF (NYSEARCA:AVUS) in the 3rd quarter, according to the company in its most recent 13F filing with the SEC. The fund purchased 115,259 shares of the company’s stock, valued at approximately $14,764,000. Sax Wealth Advisors LLC owned approximately 0.10% of Avantis U.S. Equity ETF as of its most recent SEC filing.

A number of other hedge funds also recently bought and sold shares of the business. Align Financial LLC purchased a new position in Avantis U.S. Equity ETF during the fourth quarter valued at $4,024,752,000. HB Wealth Management LLC lifted its position in shares of Avantis U.S. Equity ETF by 4.9% in the second 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 purchased a new stake in shares of Avantis U.S. Equity ETF during the first quarter worth approximately $259,864,000. Annex Advisory Services LLC raised its stake in Avantis U.S. Equity ETF by 5.0% in the 2nd quarter. Annex Advisory Services LLC now owns 2,025,359 shares of the company’s stock valued at $259,408,000 after purchasing an additional 96,288 shares during the last quarter. Finally, Envestnet Asset Management Inc. lifted its holdings in Avantis U.S. Equity ETF by 9.7% in the 2nd quarter. Envestnet Asset Management Inc. now owns 2,009,207 shares of the company’s stock valued at $257,339,000 after purchasing an additional 177,765 shares in the last quarter.

Avantis U.S. Equity ETF Stock Down 0.2%

Shares of Avantis U.S. Equity ETF stock traded down $0.21 during trading hours on Tuesday, reaching $130.33. 114,132 shares of the company’s stock were exchanged, compared to its average volume of 320,816. The business has a fifty day moving average of $130.16 and a two-hundred day moving average of $125.89. The company has a market capitalization of $14.79 billion, a P/E ratio of 20.35 and a beta of 1.00. Avantis U.S. Equity ETF has a 1 year low of $105.72 and a 1 year high of $132.81.

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.