LexAurum Advisors LLC Purchases New Shares in Avantis U.S. Equity ETF $AVUS

LexAurum Advisors LLC acquired a new stake in Avantis U.S. Equity ETF (NYSEARCA:AVUS) in the 3rd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor acquired 195,423 shares of the company’s stock, valued at approximately $25,032,000. Avantis U.S. Equity ETF accounts for approximately 2.8% of LexAurum Advisors LLC’s portfolio, making the stock its 6th biggest holding. LexAurum Advisors LLC owned about 0.17% of Avantis U.S. Equity ETF at the end of the most recent reporting period.

A number of other hedge funds have also modified their holdings of the business. HB Wealth Management LLC raised its position in Avantis U.S. Equity ETF by 4.9% in the 2nd quarter. HB Wealth Management LLC now owns 6,026,439 shares of the company’s stock valued at $771,865,000 after purchasing an additional 281,733 shares during the last quarter. Maseco LLP purchased a new position in Avantis U.S. Equity ETF during the 1st quarter worth $259,864,000. Annex Advisory Services LLC increased its stake in Avantis U.S. Equity ETF by 5.0% in the second quarter. Annex Advisory Services LLC now owns 2,025,359 shares of the company’s stock valued at $259,408,000 after purchasing an additional 96,288 shares during the period. Envestnet Asset Management Inc. raised its holdings in shares of Avantis U.S. Equity ETF by 9.7% in the second quarter. Envestnet Asset Management Inc. now owns 2,009,207 shares of the company’s stock valued at $257,339,000 after buying an additional 177,765 shares during the last quarter. Finally, Financial Plan Inc. raised its holdings in shares of Avantis U.S. Equity ETF by 4.4% in the first quarter. Financial Plan Inc. now owns 1,393,958 shares of the company’s stock valued at $154,980,000 after buying an additional 58,317 shares during the last quarter.

Avantis U.S. Equity ETF Trading Up 0.4%

Shares of NYSEARCA AVUS traded up $0.48 during midday trading on Monday, reaching $129.11. 280,335 shares of the company were exchanged, compared to its average volume of 321,322. The stock has a market cap of $14.71 billion, a P/E ratio of 20.35 and a beta of 1.00. Avantis U.S. Equity ETF has a 1 year low of $105.72 and a 1 year high of $132.81. The stock has a fifty day simple moving average of $130.04 and a 200 day simple moving average of $126.45.

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.