Kwmg LLC Acquires 135,427 Shares of Avantis U.S. Equity ETF $AVUS

Kwmg LLC bought a new stake in Avantis U.S. Equity ETF (NYSEARCA:AVUS) during the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor bought 135,427 shares of the company’s stock, valued at approximately $17,347,000. Avantis U.S. Equity ETF accounts for approximately 1.3% of Kwmg LLC’s portfolio, making the stock its 27th biggest position.

Several other institutional investors and hedge funds have also bought and sold shares of the company. Align Financial LLC bought a new stake in shares of Avantis U.S. Equity ETF during the 4th quarter valued at about $4,024,752,000. HB Wealth Management LLC lifted its stake in shares of Avantis U.S. Equity ETF by 4.9% in the 2nd quarter. HB Wealth Management LLC now owns 6,026,439 shares of the company’s stock worth $771,865,000 after purchasing an additional 281,733 shares during the period. Maseco LLP bought a new position in shares of Avantis U.S. Equity ETF in the 1st quarter worth approximately $259,864,000. Annex Advisory Services LLC boosted its holdings in shares of Avantis U.S. Equity ETF by 5.0% in the second quarter. Annex Advisory Services LLC now owns 2,025,359 shares of the company’s stock worth $259,408,000 after buying an additional 96,288 shares during the last quarter. Finally, Envestnet Asset Management Inc. boosted its holdings in shares of Avantis U.S. Equity ETF by 9.7% in the second quarter. Envestnet Asset Management Inc. now owns 2,009,207 shares of the company’s stock worth $257,339,000 after buying an additional 177,765 shares during the last quarter.

Avantis U.S. Equity ETF Trading Down 0.4%

NYSEARCA AVUS traded down $0.47 during trading hours on Wednesday, hitting $130.29. 139,644 shares of the company’s stock traded hands, compared to its average volume of 321,378. Avantis U.S. Equity ETF has a 52 week low of $105.72 and a 52 week high of $132.81. The firm has a market capitalization of $14.70 billion, a P/E ratio of 20.35 and a beta of 1.00. The business’s fifty day moving average price is $129.90 and its two-hundred day moving average price is $125.35.

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.