WMG Financial Advisors LLC Has $44.98 Million Stake in Avantis U.S. Equity ETF (NYSEARCA:AVUS)

WMG Financial Advisors LLC grew its position in shares of Avantis U.S. Equity ETF (NYSEARCA:AVUS) by 4.4% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 464,016 shares of the company’s stock after buying an additional 19,525 shares during the period. Avantis U.S. Equity ETF accounts for 19.4% of WMG Financial Advisors LLC’s investment portfolio, making the stock its largest position. WMG Financial Advisors LLC owned about 0.64% of Avantis U.S. Equity ETF worth $44,977,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently made changes to their positions in the company. Strategic Financial Concepts LLC lifted its position in shares of Avantis U.S. Equity ETF by 11,619.3% during the 4th quarter. Strategic Financial Concepts LLC now owns 19,954,274 shares of the company’s stock valued at $21,023,000 after buying an additional 19,784,005 shares during the last quarter. Annex Advisory Services LLC lifted its position in shares of Avantis U.S. Equity ETF by 5.0% during the 4th quarter. Annex Advisory Services LLC now owns 3,563,572 shares of the company’s stock valued at $345,417,000 after buying an additional 169,636 shares during the last quarter. Adero Partners LLC lifted its position in shares of Avantis U.S. Equity ETF by 8.6% during the 4th quarter. Adero Partners LLC now owns 1,567,202 shares of the company’s stock valued at $151,909,000 after buying an additional 124,433 shares during the last quarter. LPL Financial LLC lifted its holdings in Avantis U.S. Equity ETF by 7.8% during the 3rd quarter. LPL Financial LLC now owns 1,342,266 shares of the company’s stock worth $127,717,000 after purchasing an additional 97,263 shares in the last quarter. Finally, Traphagen Investment Advisors LLC lifted its holdings in Avantis U.S. Equity ETF by 1.1% during the 4th quarter. Traphagen Investment Advisors LLC now owns 1,169,356 shares of the company’s stock worth $113,346,000 after purchasing an additional 12,358 shares in the last quarter.

Avantis U.S. Equity ETF Stock Performance

Shares of AVUS opened at $96.36 on Tuesday. The stock’s 50-day simple moving average is $99.24 and its 200 day simple moving average is $97.40. The stock has a market capitalization of $7.88 billion, a price-to-earnings ratio of 21.19 and a beta of 1.06. Avantis U.S. Equity ETF has a 52-week low of $84.26 and a 52-week high of $102.23.

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.