Parcion Private Wealth LLC Acquires New Holdings in Avantis U.S. Equity ETF (NYSEARCA:AVUS)

Parcion Private Wealth LLC purchased a new stake in Avantis U.S. Equity ETF (NYSEARCA:AVUS) in the second quarter, according to its most recent filing with the Securities & Exchange Commission. The firm purchased 11,602 shares of the company’s stock, valued at approximately $1,046,000.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in the business. Motiv8 Investments LLC purchased a new position in shares of Avantis U.S. Equity ETF in the second quarter worth about $208,000. Northwest Wealth Management LLC raised its stake in shares of Avantis U.S. Equity ETF by 2.3% in the second quarter. Northwest Wealth Management LLC now owns 87,933 shares of the company’s stock worth $7,931,000 after purchasing an additional 1,937 shares during the last quarter. National Bank of Canada FI purchased a new position in shares of Avantis U.S. Equity ETF in the second quarter worth about $25,000. Index Fund Advisors Inc. purchased a new position in shares of Avantis U.S. Equity ETF in the second quarter worth about $205,000. Finally, Schwarz Dygos Wheeler Investment Advisors LLC raised its stake in shares of Avantis U.S. Equity ETF by 187.0% in the second quarter. Schwarz Dygos Wheeler Investment Advisors LLC now owns 63,929 shares of the company’s stock worth $5,766,000 after purchasing an additional 41,657 shares during the last quarter.

Avantis U.S. Equity ETF Trading Down 1.6 %

AVUS traded down $1.44 during trading on Friday, hitting $89.56. The company’s stock had a trading volume of 337,483 shares, compared to its average volume of 260,546. Avantis U.S. Equity ETF has a twelve month low of $69.57 and a twelve month high of $94.50. The business’s fifty day simple moving average is $91.35 and its 200 day simple moving average is $89.16. The firm has a market capitalization of $6.46 billion, a price-to-earnings ratio of 17.22 and a beta of 1.00.

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.