Canvas Wealth Advisors LLC Has $3.84 Million Position in Avantis U.S. Equity ETF $AVUS

Canvas Wealth Advisors LLC increased its position in Avantis U.S. Equity ETF (NYSEARCA:AVUS) by 0.9% in the 2nd quarter, HoldingsChannel.com reports. The institutional investor owned 36,862 shares of the company’s stock after acquiring an additional 313 shares during the quarter. Avantis U.S. Equity ETF accounts for 0.8% of Canvas Wealth Advisors LLC’s holdings, making the stock its 27th largest position. Canvas Wealth Advisors LLC’s holdings in Avantis U.S. Equity ETF were worth $3,839,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds also recently made changes to their positions in the company. Financial Symmetry Inc increased its stake in shares of Avantis U.S. Equity ETF by 47.3% in the second quarter. Financial Symmetry Inc now owns 77,218 shares of the company’s stock valued at $7,785,000 after buying an additional 24,791 shares during the period. Chicago Partners Investment Group LLC increased its stake in shares of Avantis U.S. Equity ETF by 2.2% in the second quarter. Chicago Partners Investment Group LLC now owns 220,386 shares of the company’s stock valued at $22,885,000 after buying an additional 4,704 shares during the period. Wealthstream Advisors Inc. acquired a new position in shares of Avantis U.S. Equity ETF in the second quarter valued at approximately $495,000. Private Wealth Management Group LLC increased its stake in shares of Avantis U.S. Equity ETF by 1,191.0% in the second quarter. Private Wealth Management Group LLC now owns 20,307 shares of the company’s stock valued at $2,047,000 after buying an additional 18,734 shares during the period. Finally, Lutz Financial Services LLC acquired a new position in shares of Avantis U.S. Equity ETF in the second quarter valued at approximately $384,000.

Avantis U.S. Equity ETF Price Performance

Avantis U.S. Equity ETF stock opened at $107.82 on Monday. The business has a 50 day moving average of $107.11 and a 200-day moving average of $100.09. Avantis U.S. Equity ETF has a 1 year low of $79.20 and a 1 year high of $109.75. The company has a market capitalization of $9.74 billion, a P/E ratio of 20.35 and a beta of 1.05.

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.