Diversify Wealth Management LLC Invests $519,000 in Avantis U.S. Equity ETF $AVUS

Diversify Wealth Management LLC bought a new stake in shares of Avantis U.S. Equity ETF (NYSEARCA:AVUS) in the first quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund bought 4,301 shares of the company’s stock, valued at approximately $519,000.

Other large investors also recently bought and sold shares of the company. Seaside Wealth Management Inc. increased its position in shares of Avantis U.S. Equity ETF by 8.2% during the first quarter. Seaside Wealth Management Inc. now owns 3,298 shares of the company’s stock worth $367,000 after purchasing an additional 249 shares in the last quarter. Fifth Third Bancorp lifted its position in Avantis U.S. Equity ETF by 670.2% during the first quarter. Fifth Third Bancorp now owns 801 shares of the company’s stock valued at $89,000 after purchasing an additional 697 shares during the period. American Trust purchased a new stake in Avantis U.S. Equity ETF in the first quarter valued at $349,000. Signature Resources Capital Management LLC raised its position in Avantis U.S. Equity ETF by 14.3% during the first quarter. Signature Resources Capital Management LLC now owns 310,523 shares of the company’s stock valued at $34,524,000 after acquiring an additional 38,911 shares in the last quarter. Finally, BCR Wealth Strategies LLC grew its position in Avantis U.S. Equity ETF by 2.7% during the first quarter. BCR Wealth Strategies LLC now owns 698,997 shares of the company’s stock valued at $77,714,000 after buying an additional 18,115 shares during the period.

Avantis U.S. Equity ETF Stock Down 0.8%

Shares of NYSEARCA AVUS opened at $127.12 on Friday. Avantis U.S. Equity ETF has a 52-week low of $100.82 and a 52-week high of $128.86. The company’s 50-day simple moving average is $126.65 and its 200-day simple moving average is $119.47. The firm has a market cap of $13.79 billion, a price-to-earnings ratio of 20.35 and a beta of 0.99.

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.