Riverchase Wealth Management LLC Buys 6,791 Shares of Avantis U.S. Equity ETF $AVUS

Riverchase Wealth Management LLC boosted its stake in shares of Avantis U.S. Equity ETF (NYSEARCA:AVUS) by 36.3% during the 2nd quarter, according to its most recent filing with the SEC. The firm owned 25,517 shares of the company’s stock after purchasing an additional 6,791 shares during the period. Avantis U.S. Equity ETF makes up approximately 1.6% of Riverchase Wealth Management LLC’s portfolio, making the stock its 10th biggest holding. Riverchase Wealth Management LLC’s holdings in Avantis U.S. Equity ETF were worth $2,573,000 as of its most recent filing with the SEC.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Assetmark Inc. acquired a new stake in Avantis U.S. Equity ETF during the 1st quarter worth about $25,000. Iron Horse Wealth Management LLC acquired a new stake in shares of Avantis U.S. Equity ETF during the 1st quarter valued at about $27,000. Mattson Financial Services LLC acquired a new stake in shares of Avantis U.S. Equity ETF during the 1st quarter valued at about $107,000. JFS Wealth Advisors LLC acquired a new stake in shares of Avantis U.S. Equity ETF during the 1st quarter valued at about $127,000. Finally, AE Wealth Management LLC grew its position in shares of Avantis U.S. Equity ETF by 9.8% during the 1st quarter. AE Wealth Management LLC now owns 1,643 shares of the company’s stock valued at $152,000 after acquiring an additional 146 shares during the period.

Avantis U.S. Equity ETF Trading Down 0.5%

Shares of Avantis U.S. Equity ETF stock opened at $108.99 on Friday. The firm has a market capitalization of $9.83 billion, a PE ratio of 20.35 and a beta of 1.05. Avantis U.S. Equity ETF has a twelve month low of $79.20 and a twelve month high of $109.75. The firm’s 50-day moving average price is $106.54 and its 200 day moving average price is $99.38.

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.