Leo Wealth LLC Makes New Investment in Avantis U.S. Equity ETF $AVUS

Leo Wealth LLC acquired a new stake in shares of Avantis U.S. Equity ETF (NYSEARCA:AVUS) in the third quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm acquired 132,550 shares of the company’s stock, valued at approximately $16,978,000. Avantis U.S. Equity ETF accounts for 3.6% of Leo Wealth LLC’s portfolio, making the stock its 5th biggest position. Leo Wealth LLC owned approximately 0.12% of Avantis U.S. Equity ETF as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors and hedge funds also recently made changes to their positions in AVUS. Envestnet Asset Management Inc. boosted its stake in Avantis U.S. Equity ETF by 9.7% in the second quarter. Envestnet Asset Management Inc. now owns 2,009,207 shares of the company’s stock worth $257,339,000 after purchasing an additional 177,765 shares in the last quarter. Sensenig Capital Advisors Inc grew its holdings in shares of Avantis U.S. Equity ETF by 1.9% during the second quarter. Sensenig Capital Advisors Inc now owns 243,335 shares of the company’s stock worth $31,166,000 after purchasing an additional 4,497 shares during the last quarter. Andrews Lucia Wealth Management LLC increased its stake in shares of Avantis U.S. Equity ETF by 35.3% in the second quarter. Andrews Lucia Wealth Management LLC now owns 41,887 shares of the company’s stock valued at $5,365,000 after buying an additional 10,930 shares in the last quarter. McLean Asset Management Corp increased its stake in shares of Avantis U.S. Equity ETF by 9.5% in the first quarter. McLean Asset Management Corp now owns 741,463 shares of the company’s stock valued at $82,436,000 after buying an additional 64,283 shares in the last quarter. Finally, Vicus Capital increased its stake in shares of Avantis U.S. Equity ETF by 40.7% in the first quarter. Vicus Capital now owns 40,867 shares of the company’s stock valued at $4,544,000 after buying an additional 11,830 shares in the last quarter.

Avantis U.S. Equity ETF Stock Up 0.6%

Avantis U.S. Equity ETF stock opened at $128.80 on Tuesday. The stock has a 50-day simple moving average of $129.80 and a 200 day simple moving average of $123.12. Avantis U.S. Equity ETF has a 12-month low of $105.72 and a 12-month high of $132.81. The stock has a market capitalization of $14.72 billion, a price-to-earnings ratio of 20.35 and a beta of 1.00.

Avantis U.S. Equity ETF Company 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.