Kane Co Wealth Management Inc. Takes $2.14 Million Position in Avantis U.S. Equity ETF $AVUS

Kane Co Wealth Management Inc. acquired a new stake in Avantis U.S. Equity ETF (NYSEARCA:AVUS) in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm acquired 19,128 shares of the company’s stock, valued at approximately $2,138,000. Avantis U.S. Equity ETF comprises approximately 1.9% of Kane Co Wealth Management Inc.’s investment portfolio, making the stock its 18th largest position.

Other institutional investors have also modified their holdings of the company. EverSource Wealth Advisors LLC boosted its position in shares of Avantis U.S. Equity ETF by 138.7% during the second quarter. EverSource Wealth Advisors LLC now owns 358 shares of the company’s stock valued at $36,000 after buying an additional 208 shares during the period. Parkside Financial Bank & Trust boosted its position in shares of Avantis U.S. Equity ETF by 151.0% during the third quarter. Parkside Financial Bank & Trust now owns 394 shares of the company’s stock valued at $43,000 after buying an additional 237 shares during the period. Assetmark Inc. boosted its position in shares of Avantis U.S. Equity ETF by 116.0% during the third quarter. Assetmark Inc. now owns 579 shares of the company’s stock valued at $63,000 after buying an additional 311 shares during the period. Qube Research & Technologies Ltd lifted its stake in shares of Avantis U.S. Equity ETF by 17.6% during the 2nd quarter. Qube Research & Technologies Ltd now owns 964 shares of the company’s stock worth $97,000 after acquiring an additional 144 shares during the last quarter. Finally, IFP Advisors Inc bought a new stake in shares of Avantis U.S. Equity ETF during the 3rd quarter worth approximately $114,000.

Avantis U.S. Equity ETF Stock Performance

Shares of AVUS stock opened at $124.39 on Monday. Avantis U.S. Equity ETF has a 52-week low of $94.17 and a 52-week high of $126.16. The firm has a market capitalization of $12.43 billion, a P/E ratio of 20.35 and a beta of 0.99. The stock has a 50 day moving average price of $116.73 and a 200 day moving average price of $114.40.

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.