RVW Wealth LLC Increases Stake in Avantis U.S. Equity ETF $AVUS

RVW Wealth LLC lifted its position in Avantis U.S. Equity ETF (NYSEARCA:AVUS) by 3.0% during the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 826,494 shares of the company’s stock after buying an additional 23,940 shares during the quarter. Avantis U.S. Equity ETF makes up approximately 7.0% of RVW Wealth LLC’s portfolio, making the stock its 2nd biggest holding. RVW Wealth LLC’s holdings in Avantis U.S. Equity ETF were worth $105,857,000 at the end of the most recent reporting period.

A number of other large investors also recently modified their holdings of AVUS. Align Financial LLC bought a new stake in Avantis U.S. Equity ETF during the 4th quarter worth approximately $4,024,752,000. Maseco LLP bought a new position in Avantis U.S. Equity ETF in the 1st quarter valued at $259,864,000. Financial Plan Inc. bought a new position in Avantis U.S. Equity ETF in the 4th quarter valued at $149,298,000. Northwestern Mutual Wealth Management Co. boosted its holdings in Avantis U.S. Equity ETF by 145.2% in the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 1,750,845 shares of the company’s stock valued at $195,709,000 after purchasing an additional 1,036,918 shares during the period. Finally, HB Wealth Management LLC grew its position in shares of Avantis U.S. Equity ETF by 9.4% during the 1st quarter. HB Wealth Management LLC now owns 5,744,706 shares of the company’s stock valued at $638,692,000 after purchasing an additional 495,876 shares in the last quarter.

Avantis U.S. Equity ETF Stock Performance

Avantis U.S. Equity ETF stock opened at $130.62 on Friday. The stock has a market cap of $14.34 billion, a P/E ratio of 20.35 and a beta of 0.99. Avantis U.S. Equity ETF has a fifty-two week low of $102.57 and a fifty-two week high of $132.19. The firm’s fifty day moving average price is $127.37 and its 200-day moving average price is $120.90.

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.