Strategic Financial Concepts LLC Has $1.29 Billion Stock Position in Avantis U.S. Equity ETF (NYSEARCA:AVUS)

Strategic Financial Concepts LLC raised its stake in shares of Avantis U.S. Equity ETF (NYSEARCA:AVUS) by 11,264.4% during the 2nd quarter, according to its most recent filing with the SEC. The firm owned 14,316,250 shares of the company’s stock after acquiring an additional 14,190,276 shares during the period. Avantis U.S. Equity ETF makes up approximately 5.5% of Strategic Financial Concepts LLC’s holdings, making the stock its 6th biggest position. Strategic Financial Concepts LLC owned approximately 19.85% of Avantis U.S. Equity ETF worth $1,291,183,000 as of its most recent SEC filing.

Other institutional investors have also recently made changes to their positions in the company. PCG Wealth Advisors LLC grew its holdings in shares of Avantis U.S. Equity ETF by 3.5% in the first quarter. PCG Wealth Advisors LLC now owns 3,622 shares of the company’s stock worth $324,000 after acquiring an additional 124 shares during the period. PrairieView Partners LLC grew its stake in shares of Avantis U.S. Equity ETF by 1.6% during the 2nd quarter. PrairieView Partners LLC now owns 8,708 shares of the company’s stock valued at $785,000 after purchasing an additional 138 shares during the period. Waterfront Wealth Inc. increased its position in shares of Avantis U.S. Equity ETF by 1.0% during the 2nd quarter. Waterfront Wealth Inc. now owns 14,471 shares of the company’s stock valued at $1,305,000 after purchasing an additional 150 shares during the last quarter. Wealthcare Advisory Partners LLC lifted its stake in shares of Avantis U.S. Equity ETF by 1.0% in the 1st quarter. Wealthcare Advisory Partners LLC now owns 16,549 shares of the company’s stock worth $1,481,000 after purchasing an additional 156 shares during the period. Finally, Tranquility Partners LLC boosted its holdings in shares of Avantis U.S. Equity ETF by 3.9% in the second quarter. Tranquility Partners LLC now owns 4,268 shares of the company’s stock worth $385,000 after buying an additional 161 shares during the last quarter.

Avantis U.S. Equity ETF Trading Down 1.6 %

Shares of NYSEARCA AVUS opened at $89.56 on Friday. Avantis U.S. Equity ETF has a 12-month low of $69.57 and a 12-month high of $94.50. The firm has a market capitalization of $6.46 billion, a price-to-earnings ratio of 17.22 and a beta of 1.00. The firm has a 50 day moving average of $91.35 and a 200 day moving average of $89.20.

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.