Wedbush Securities Inc. Makes New $6.71 Million Investment in Avantis U.S. Equity ETF $AVUS

Wedbush Securities Inc. bought a new position in shares of Avantis U.S. Equity ETF (NYSEARCA:AVUS) during the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm bought 68,767 shares of the company’s stock, valued at approximately $6,709,000.

Several other large investors have also added to or reduced their stakes in the company. Godfrey Financial Associates Inc. purchased a new position in shares of Avantis U.S. Equity ETF during the 4th quarter valued at $29,000. Brown Brothers Harriman & Co. bought a new position in Avantis U.S. Equity ETF in the 4th quarter worth $29,000. EverSource Wealth Advisors LLC increased its stake in Avantis U.S. Equity ETF by 138.7% in the 2nd quarter. EverSource Wealth Advisors LLC now owns 358 shares of the company’s stock worth $36,000 after buying an additional 208 shares in the last quarter. Monetary Solutions Ltd purchased a new stake in Avantis U.S. Equity ETF in the 4th quarter worth $39,000. Finally, Federation des caisses Desjardins du Quebec bought a new stake in Avantis U.S. Equity ETF during the fourth quarter valued at about $39,000.

Avantis U.S. Equity ETF Trading Down 0.3%

NYSEARCA AVUS opened at $130.53 on Friday. The stock’s 50 day moving average is $128.73 and its 200 day moving average is $122.60. Avantis U.S. Equity ETF has a 12 month low of $104.56 and a 12 month high of $132.81. The stock has a market cap of $14.33 billion, a PE ratio of 20.35 and a beta of 0.99.

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.