ARQ Wealth Advisors LLC Increases Stake in Avantis U.S. Equity ETF $AVUS

ARQ Wealth Advisors LLC boosted its position in Avantis U.S. Equity ETF (NYSEARCA:AVUS) by 11.3% during the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 179,647 shares of the company’s stock after purchasing an additional 18,176 shares during the quarter. Avantis U.S. Equity ETF comprises 3.6% of ARQ Wealth Advisors LLC’s investment portfolio, making the stock its biggest position. ARQ Wealth Advisors LLC owned about 0.18% of Avantis U.S. Equity ETF worth $19,973,000 at the end of the most recent reporting period.

Other large investors have also recently modified their holdings of the company. Diversify Wealth Management LLC purchased a new position in shares of Avantis U.S. Equity ETF in the 1st quarter worth about $519,000. Seaside Wealth Management Inc. increased its stake in shares of Avantis U.S. Equity ETF by 8.2% in the first quarter. Seaside Wealth Management Inc. now owns 3,298 shares of the company’s stock worth $367,000 after buying an additional 249 shares during the period. Fifth Third Bancorp raised its stake in shares of 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 acquiring an additional 697 shares during the last quarter. American Trust bought a new position in Avantis U.S. Equity ETF during the 1st quarter valued at approximately $349,000. Finally, Signature Resources Capital Management LLC raised its holdings in shares of 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.

Avantis U.S. Equity ETF Stock Performance

Shares of AVUS traded up $0.57 on Friday, reaching $128.51. The stock had a trading volume of 235,432 shares, compared to its average volume of 329,806. The firm has a market capitalization of $13.92 billion, a price-to-earnings ratio of 20.35 and a beta of 0.99. The company has a 50-day simple moving average of $126.22 and a 200-day simple moving average of $118.95. Avantis U.S. Equity ETF has a 12-month low of $100.71 and a 12-month high of $128.86.

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.