Kane Co Wealth Management Inc. Invests $2.14 Million in Avantis U.S. Equity ETF $AVUS

Kane Co Wealth Management Inc. purchased a new position in Avantis U.S. Equity ETF (NYSEARCA:AVUS) in the 4th quarter, HoldingsChannel reports. The institutional investor purchased 19,128 shares of the company’s stock, valued at approximately $2,138,000. Avantis U.S. Equity ETF comprises approximately 1.9% of Kane Co Wealth Management Inc.’s investment portfolio, making the stock its 18th biggest position.

Several other large investors have also recently made changes to their positions in the stock. Smartleaf Asset Management LLC raised its position in shares of Avantis U.S. Equity ETF by 4.2% in the 2nd quarter. Smartleaf Asset Management LLC now owns 2,421 shares of the company’s stock worth $243,000 after acquiring an additional 97 shares in the last quarter. RCS Financial Planning LLC raised its position in shares of Avantis U.S. Equity ETF by 4.0% in the 4th quarter. RCS Financial Planning LLC now owns 2,683 shares of the company’s stock worth $300,000 after acquiring an additional 102 shares in the last quarter. Physician Wealth Solutions Inc. raised its position in shares of Avantis U.S. Equity ETF by 0.3% in the 4th quarter. Physician Wealth Solutions Inc. now owns 36,970 shares of the company’s stock worth $4,132,000 after acquiring an additional 107 shares in the last quarter. Moisand Fitzgerald Tamayo LLC grew its stake in Avantis U.S. Equity ETF by 4.3% during the 4th quarter. Moisand Fitzgerald Tamayo LLC now owns 2,760 shares of the company’s stock worth $309,000 after buying an additional 114 shares during the last quarter. Finally, Private Wealth Management Group LLC grew its stake in Avantis U.S. Equity ETF by 0.6% during the 4th quarter. Private Wealth Management Group LLC now owns 20,826 shares of the company’s stock worth $2,328,000 after buying an additional 119 shares during the last quarter.

Avantis U.S. Equity ETF Price Performance

Shares of AVUS stock opened at $124.39 on Monday. Avantis U.S. Equity ETF has a 1-year low of $94.17 and a 1-year high of $126.16. The stock’s fifty day moving average price is $116.73 and its 200 day moving average price is $114.40. The company has a market cap of $12.43 billion, a price-to-earnings ratio of 20.35 and a beta of 0.99.

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.