Cypress Point Wealth Management LLC Has $4.55 Million Holdings in Avantis U.S. Equity ETF (NYSEARCA:AVUS)

Cypress Point Wealth Management LLC boosted its holdings in Avantis U.S. Equity ETF (NYSEARCA:AVUS) by 2.2% during the 3rd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 47,781 shares of the company’s stock after buying an additional 1,014 shares during the quarter. Avantis U.S. Equity ETF makes up 1.8% of Cypress Point Wealth Management LLC’s holdings, making the stock its 11th biggest holding. Cypress Point Wealth Management LLC owned approximately 0.07% of Avantis U.S. Equity ETF worth $4,546,000 as of its most recent SEC filing.

Several other large investors have also bought and sold shares of the business. Silverlake Wealth Management LLC boosted its stake in Avantis U.S. Equity ETF by 0.4% in the third quarter. Silverlake Wealth Management LLC now owns 30,319 shares of the company’s stock valued at $2,885,000 after buying an additional 106 shares in the last quarter. PrairieView Partners LLC raised its position in Avantis U.S. Equity ETF by 1.6% in the second quarter. PrairieView Partners LLC now owns 8,708 shares of the company’s stock valued at $785,000 after purchasing an additional 138 shares during the last quarter. Waterfront Wealth Inc. raised its position in Avantis U.S. Equity ETF by 1.0% in the second quarter. Waterfront Wealth Inc. now owns 14,471 shares of the company’s stock valued at $1,305,000 after purchasing an additional 150 shares during the last quarter. Tranquility Partners LLC raised its position in Avantis U.S. Equity ETF by 3.9% in the second quarter. Tranquility Partners LLC now owns 4,268 shares of the company’s stock valued at $385,000 after purchasing an additional 161 shares during the last quarter. Finally, Capital Group Private Client Services Inc. raised its position in Avantis U.S. Equity ETF by 0.3% in the first quarter. Capital Group Private Client Services Inc. now owns 56,331 shares of the company’s stock valued at $5,042,000 after purchasing an additional 166 shares during the last quarter.

Avantis U.S. Equity ETF Stock Up 0.4 %

Avantis U.S. Equity ETF stock traded up $0.41 during trading hours on Friday, hitting $100.09. The stock had a trading volume of 232,695 shares, compared to its average volume of 250,057. The stock has a market cap of $7.22 billion, a price-to-earnings ratio of 17.22 and a beta of 1.00. Avantis U.S. Equity ETF has a one year low of $72.86 and a one year high of $100.32. The business’s 50 day simple moving average is $94.82 and its 200-day simple moving average is $91.69.

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.