Avantis Responsible U.S. Equity ETF $AVSU Shares Acquired by Modern Wealth Management LLC

Modern Wealth Management LLC lifted its stake in shares of Avantis Responsible U.S. Equity ETF (NYSEARCA:AVSU) by 373.9% during the 1st quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 21,006 shares of the company’s stock after acquiring an additional 16,573 shares during the period. Modern Wealth Management LLC owned 0.40% of Avantis Responsible U.S. Equity ETF worth $1,568,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors and hedge funds have also recently modified their holdings of AVSU. Asset Dedication LLC grew its holdings in shares of Avantis Responsible U.S. Equity ETF by 31.6% in the fourth quarter. Asset Dedication LLC now owns 541 shares of the company’s stock valued at $41,000 after purchasing an additional 130 shares during the period. Osaic Holdings Inc. raised its stake in Avantis Responsible U.S. Equity ETF by 44.3% during the second quarter. Osaic Holdings Inc. now owns 1,387 shares of the company’s stock worth $95,000 after purchasing an additional 426 shares during the period. WealthCollab LLC raised its stake in Avantis Responsible U.S. Equity ETF by 92.7% during the first quarter. WealthCollab LLC now owns 1,655 shares of the company’s stock worth $122,000 after purchasing an additional 796 shares during the period. Wealth Enhancement Trust Services Inc. acquired a new position in Avantis Responsible U.S. Equity ETF in the 4th quarter valued at about $349,000. Finally, Professional Financial Solutions LLC ADV acquired a new position in Avantis Responsible U.S. Equity ETF in the 4th quarter valued at about $352,000.

Avantis Responsible U.S. Equity ETF Price Performance

Avantis Responsible U.S. Equity ETF stock opened at $86.68 on Friday. The firm has a 50 day simple moving average of $86.96 and a 200-day simple moving average of $81.47. Avantis Responsible U.S. Equity ETF has a 1-year low of $68.54 and a 1-year high of $88.76. The stock has a market cap of $468.07 million, a price-to-earnings ratio of 20.35 and a beta of 1.04.

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.