JPMorgan Chase & Co. Raises Holdings in Avantis U.S. Equity ETF $AVUS

JPMorgan Chase & Co. increased its position in Avantis U.S. Equity ETF (NYSEARCA:AVUS) by 5.5% in the 3rd quarter, according to the company in its most recent filing with the SEC. The fund owned 225,763 shares of the company’s stock after acquiring an additional 11,820 shares during the quarter. JPMorgan Chase & Co. owned about 0.25% of Avantis U.S. Equity ETF worth $24,541,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also added to or reduced their stakes in the company. Great Point Wealth Advisors LLC purchased a new position in shares of Avantis U.S. Equity ETF in the third quarter worth about $122,327,000. Highland Financial Advisors LLC lifted its stake in shares of Avantis U.S. Equity ETF by 3.7% during the 3rd quarter. Highland Financial Advisors LLC now owns 306,873 shares of the company’s stock valued at $33,357,000 after buying an additional 10,921 shares in the last quarter. Fonville Wealth Management LLC boosted its holdings in Avantis U.S. Equity ETF by 5.4% in the 3rd quarter. Fonville Wealth Management LLC now owns 122,088 shares of the company’s stock worth $13,271,000 after buying an additional 6,239 shares during the period. McGlone Suttner Wealth Management Inc. grew its stake in Avantis U.S. Equity ETF by 2.0% in the 3rd quarter. McGlone Suttner Wealth Management Inc. now owns 503,898 shares of the company’s stock valued at $54,774,000 after buying an additional 9,777 shares in the last quarter. Finally, Betterment LLC grew its stake in Avantis U.S. Equity ETF by 8.5% in the 2nd quarter. Betterment LLC now owns 60,610 shares of the company’s stock valued at $6,111,000 after buying an additional 4,735 shares in the last quarter.

Avantis U.S. Equity ETF Price Performance

Shares of AVUS stock opened at $111.39 on Tuesday. The stock has a market capitalization of $10.65 billion, a price-to-earnings ratio of 20.35 and a beta of 1.02. The company’s fifty day simple moving average is $115.08 and its two-hundred day simple moving average is $111.84. Avantis U.S. Equity ETF has a 1 year low of $79.20 and a 1 year high of $118.27.

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.