RVW Wealth LLC Purchases 910,991 Shares of Avantis U.S. Equity ETF $AVUS

RVW Wealth LLC purchased a new stake in Avantis U.S. Equity ETF (NYSEARCA:AVUS) during the 3rd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm purchased 910,991 shares of the company’s stock, valued at approximately $116,689,000. Avantis U.S. Equity ETF comprises 7.5% of RVW Wealth LLC’s portfolio, making the stock its 2nd largest holding. RVW Wealth LLC owned 0.81% of Avantis U.S. Equity ETF at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Tandemgrowth Financial Advisors LLC acquired a new position in shares of Avantis U.S. Equity ETF during the 4th quarter worth about $34,880,000. Focus Partners Advisor Solutions LLC raised its position in shares of Avantis U.S. Equity ETF by 50.2% in the 4th quarter. Focus Partners Advisor Solutions LLC now owns 306,043 shares of the company’s stock valued at $34,210,000 after acquiring an additional 102,264 shares during the period. Trailhead Planners LLC acquired a new stake in shares of Avantis U.S. Equity ETF in the 4th quarter valued at approximately $1,761,000. Mattson Financial Services LLC boosted its stake in Avantis U.S. Equity ETF by 34.3% during the 4th quarter. Mattson Financial Services LLC now owns 46,968 shares of the company’s stock worth $5,250,000 after acquiring an additional 11,986 shares during the last quarter. Finally, Rockefeller Capital Management L.P. boosted its stake in Avantis U.S. Equity ETF by 47.6% during the 4th quarter. Rockefeller Capital Management L.P. now owns 390,100 shares of the company’s stock worth $43,605,000 after acquiring an additional 125,730 shares during the last quarter.

Avantis U.S. Equity ETF Stock Up 0.4%

NYSEARCA AVUS traded up $0.51 during trading on Tuesday, reaching $130.76. 969,544 shares of the stock traded hands, compared to its average volume of 322,325. Avantis U.S. Equity ETF has a fifty-two week low of $105.72 and a fifty-two week high of $132.81. The firm has a market cap of $14.75 billion, a price-to-earnings ratio of 20.35 and a beta of 1.00. The stock’s 50-day moving average price is $129.82 and its 200 day moving average price is $125.22.

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.