Avantis U.S. Equity ETF (NYSEARCA:AVUS) is Werba Rubin Papier Wealth Management’s Largest Position

Werba Rubin Papier Wealth Management lifted its stake in Avantis U.S. Equity ETF (NYSEARCA:AVUS) by 6.6% during the third quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 603,504 shares of the company’s stock after buying an additional 37,255 shares during the quarter. Avantis U.S. Equity ETF makes up 13.5% of Werba Rubin Papier Wealth Management’s holdings, making the stock its largest position. Werba Rubin Papier Wealth Management owned about 0.84% of Avantis U.S. Equity ETF worth $57,423,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds and other institutional investors have also recently bought and sold shares of the stock. Strategic Financial Concepts LLC increased its holdings in Avantis U.S. Equity ETF by 11,264.4% in the second quarter. Strategic Financial Concepts LLC now owns 14,316,250 shares of the company’s stock valued at $1,291,183,000 after buying an additional 14,190,276 shares in the last quarter. Annex Advisory Services LLC increased its stake in shares of Avantis U.S. Equity ETF by 25.0% in the 3rd quarter. Annex Advisory Services LLC now owns 3,393,936 shares of the company’s stock valued at $322,933,000 after purchasing an additional 679,655 shares in the last quarter. American Century Companies Inc. raised its holdings in Avantis U.S. Equity ETF by 5.8% in the 2nd quarter. American Century Companies Inc. now owns 2,924,011 shares of the company’s stock worth $263,717,000 after purchasing an additional 159,134 shares during the period. Envestnet Asset Management Inc. boosted its position in Avantis U.S. Equity ETF by 6.8% during the second quarter. Envestnet Asset Management Inc. now owns 1,632,278 shares of the company’s stock worth $147,215,000 after purchasing an additional 104,125 shares in the last quarter. Finally, Northwestern Mutual Wealth Management Co. grew its holdings in Avantis U.S. Equity ETF by 1.6% in the second quarter. Northwestern Mutual Wealth Management Co. now owns 1,470,657 shares of the company’s stock valued at $132,638,000 after purchasing an additional 23,513 shares during the period.

Avantis U.S. Equity ETF Price Performance

Avantis U.S. Equity ETF stock opened at $97.22 on Friday. The stock has a market capitalization of $7.01 billion, a PE ratio of 17.22 and a beta of 1.00. The business has a 50 day simple moving average of $93.48 and a 200-day simple moving average of $90.71. Avantis U.S. Equity ETF has a 12 month low of $69.57 and a 12 month high of $97.51.

Avantis U.S. Equity ETF Profile

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.