Leo Wealth LLC Has $54.10 Million Position in Avantis U.S. Equity ETF $AVUS

Leo Wealth LLC boosted its stake in shares of Avantis U.S. Equity ETF (NYSEARCA:AVUS) by 81.0% in the fourth quarter, Holdings Channel reports. The institutional investor owned 483,817 shares of the company’s stock after acquiring an additional 216,502 shares during the period. Avantis U.S. Equity ETF accounts for 3.9% of Leo Wealth LLC’s holdings, making the stock its 5th biggest position. Leo Wealth LLC’s holdings in Avantis U.S. Equity ETF were worth $54,104,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Great Point Wealth Advisors LLC purchased a new stake in shares of Avantis U.S. Equity ETF during the 3rd quarter worth $122,327,000. Highland Financial Advisors LLC grew its stake in Avantis U.S. Equity ETF by 3.7% in the third quarter. Highland Financial Advisors LLC now owns 306,873 shares of the company’s stock valued at $33,357,000 after purchasing an additional 10,921 shares during the last quarter. Fonville Wealth Management LLC raised its holdings in Avantis U.S. Equity ETF by 5.4% in the third quarter. Fonville Wealth Management LLC now owns 122,088 shares of the company’s stock worth $13,271,000 after purchasing an additional 6,239 shares in the last quarter. Betterment LLC raised its holdings in Avantis U.S. Equity ETF by 8.5% in the second quarter. Betterment LLC now owns 60,610 shares of the company’s stock worth $6,111,000 after purchasing an additional 4,735 shares in the last quarter. Finally, McGlone Suttner Wealth Management Inc. lifted its position in shares of Avantis U.S. Equity ETF by 2.0% during the third 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 during the last quarter.

Avantis U.S. Equity ETF Stock Performance

NYSEARCA:AVUS opened at $112.00 on Monday. Avantis U.S. Equity ETF has a fifty-two week low of $79.20 and a fifty-two week high of $118.27. The stock has a market capitalization of $10.99 billion, a P/E ratio of 20.35 and a beta of 1.02. The company’s 50-day simple moving average is $114.40 and its 200-day simple moving average is $112.06.

Avantis U.S. Equity ETF Company 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.