IHT Wealth Management LLC Grows Stock Position in Avantis U.S. Equity ETF (NYSEARCA:AVUS)

IHT Wealth Management LLC lifted its holdings in shares of Avantis U.S. Equity ETF (NYSEARCA:AVUS) by 9.2% during the third quarter, Holdings Channel.com reports. The fund owned 228,727 shares of the company’s stock after acquiring an additional 19,258 shares during the period. Avantis U.S. Equity ETF accounts for approximately 0.6% of IHT Wealth Management LLC’s holdings, making the stock its 24th biggest holding. IHT Wealth Management LLC’s holdings in Avantis U.S. Equity ETF were worth $21,757,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Strategic Financial Concepts LLC increased its holdings in shares of Avantis U.S. Equity ETF by 11,264.4% in the second quarter. Strategic Financial Concepts LLC now owns 14,316,250 shares of the company’s stock valued at $1,291,183,000 after purchasing an additional 14,190,276 shares during the period. Annex Advisory Services LLC boosted its holdings in Avantis U.S. Equity ETF by 25.0% in the third quarter. Annex Advisory Services LLC now owns 3,393,936 shares of the company’s stock valued at $322,933,000 after purchasing an additional 679,655 shares during the last quarter. American Century Companies Inc. raised its stake in shares of Avantis U.S. Equity ETF by 5.8% during the 2nd quarter. American Century Companies Inc. now owns 2,924,011 shares of the company’s stock valued at $263,717,000 after buying an additional 159,134 shares during the last quarter. Envestnet Asset Management Inc. boosted its stake in shares of Avantis U.S. Equity ETF by 6.8% in the second quarter. Envestnet Asset Management Inc. now owns 1,632,278 shares of the company’s stock worth $147,215,000 after buying an additional 104,125 shares during the last quarter. Finally, Northwestern Mutual Wealth Management Co. grew its holdings in Avantis U.S. Equity ETF by 1.6% during the second quarter. Northwestern Mutual Wealth Management Co. now owns 1,470,657 shares of the company’s stock worth $132,638,000 after acquiring an additional 23,513 shares during the period.

Avantis U.S. Equity ETF Stock Performance

AVUS stock remained flat at $101.76 during trading on Tuesday. The company had a trading volume of 16,810 shares, compared to its average volume of 247,851. Avantis U.S. Equity ETF has a 52 week low of $77.14 and a 52 week high of $101.95. The firm has a market capitalization of $7.34 billion, a P/E ratio of 17.22 and a beta of 1.00. The stock’s 50-day moving average is $97.21 and its 200-day moving average is $93.12.

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.