marrick wealth LLC Takes $10.72 Million Position in Avantis U.S. Equity ETF $AVUS

marrick wealth LLC purchased a new stake in Avantis U.S. Equity ETF (NYSEARCA:AVUS) in the 4th quarter, according to its most recent disclosure with the SEC. The fund purchased 95,917 shares of the company’s stock, valued at approximately $10,722,000. Avantis U.S. Equity ETF accounts for 8.8% of marrick wealth LLC’s holdings, making the stock its 3rd largest position. marrick wealth LLC owned about 0.10% of Avantis U.S. Equity ETF as of its most recent filing with the SEC.

Other hedge funds and other institutional investors have also modified their holdings of the company. Diversified Portfolios Inc. raised its position in shares of Avantis U.S. Equity ETF by 1.6% during the 4th quarter. Diversified Portfolios Inc. now owns 5,895 shares of the company’s stock worth $659,000 after buying an additional 90 shares in the last quarter. Smartleaf Asset Management LLC raised its position in shares of Avantis U.S. Equity ETF by 4.2% during the 2nd quarter. Smartleaf Asset Management LLC now owns 2,421 shares of the company’s stock worth $243,000 after buying an additional 97 shares in the last quarter. RCS Financial Planning LLC raised its position in shares of Avantis U.S. Equity ETF by 4.0% during the 4th quarter. RCS Financial Planning LLC now owns 2,683 shares of the company’s stock worth $300,000 after buying an additional 102 shares in the last quarter. Physician Wealth Solutions Inc. raised its position in shares of Avantis U.S. Equity ETF by 0.3% during the 4th quarter. Physician Wealth Solutions Inc. now owns 36,970 shares of the company’s stock worth $4,132,000 after buying an additional 107 shares in the last quarter. Finally, Moisand Fitzgerald Tamayo LLC raised its position in shares of Avantis U.S. Equity ETF by 4.3% during the 4th quarter. Moisand Fitzgerald Tamayo LLC now owns 2,760 shares of the company’s stock worth $309,000 after buying an additional 114 shares in the last quarter.

Avantis U.S. Equity ETF Trading Up 0.7%

AVUS stock opened at $126.75 on Friday. Avantis U.S. Equity ETF has a 52 week low of $97.00 and a 52 week high of $128.62. The company has a market capitalization of $12.66 billion, a price-to-earnings ratio of 20.35 and a beta of 0.99. The firm’s 50-day moving average is $122.43 and its two-hundred day moving average is $116.73.

Avantis U.S. Equity ETF Profile

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.