Financial Advisors LLC Acquires Shares of 9,600 Avantis Responsible U.S. Equity ETF (NYSEARCA:AVSU)

Financial Advisors LLC bought a new position in Avantis Responsible U.S. Equity ETF (NYSEARCA:AVSU) in the 3rd quarter, Holdings Channel.com reports. The institutional investor bought 9,600 shares of the company’s stock, valued at approximately $627,000.

A number of other institutional investors and hedge funds also recently made changes to their positions in the company. Avantax Advisory Services Inc. bought a new stake in shares of Avantis Responsible U.S. Equity ETF in the first quarter worth $653,000. Merriman Wealth Management LLC grew its position in shares of Avantis Responsible U.S. Equity ETF by 3.4% during the 2nd quarter. Merriman Wealth Management LLC now owns 299,481 shares of the company’s stock valued at $18,493,000 after acquiring an additional 9,916 shares during the period. PrairieView Partners LLC raised its holdings in Avantis Responsible U.S. Equity ETF by 63.9% in the 2nd quarter. PrairieView Partners LLC now owns 30,626 shares of the company’s stock worth $1,891,000 after purchasing an additional 11,944 shares during the period. Passive Capital Management LLC. increased its position in Avantis Responsible U.S. Equity ETF by 6.2% in the second quarter. Passive Capital Management LLC. now owns 11,974 shares of the company’s stock worth $739,000 after buying an additional 694 shares in the last quarter. Finally, Clarity Asset Management Inc. raised its stake in shares of Avantis Responsible U.S. Equity ETF by 9.0% in the second quarter. Clarity Asset Management Inc. now owns 358,347 shares of the company’s stock worth $22,128,000 after buying an additional 29,733 shares during the period.

Avantis Responsible U.S. Equity ETF Price Performance

Shares of AVSU stock traded up $0.01 during trading hours on Thursday, reaching $66.28. 303 shares of the company traded hands, compared to its average volume of 11,713. The firm has a 50-day moving average price of $63.77 and a 200 day moving average price of $61.96. The company has a market cap of $276.39 million, a P/E ratio of 20.23 and a beta of 1.05. Avantis Responsible U.S. Equity ETF has a 12-month low of $47.12 and a 12-month high of $66.50.

About Avantis Responsible U.S. Equity ETF

The Avantis Responsible U.S. Equity ETF (AVSU) is an exchange-traded fund that mostly invests in total market equity. The fund actively invests in US companies of all market capitalizations. Holdings are screened for multiple ESG metrics and selected based on fundamental criteria AVSU was launched on Mar 15, 2022 and is managed by American Century Investments.