Avantis U.S. Equity ETF (NYSEARCA:AVUS) Shares Purchased by JPMorgan Chase & Co.

JPMorgan Chase & Co. grew its stake in shares of Avantis U.S. Equity ETF (NYSEARCA:AVUS) by 34.6% in the fourth quarter, Holdings Channel.com reports. The fund owned 469,100 shares of the company’s stock after buying an additional 120,665 shares during the quarter. JPMorgan Chase & Co.’s holdings in Avantis U.S. Equity ETF were worth $45,470,000 at the end of the most recent reporting period.

Other large investors have also modified their holdings of the company. Bank of New York Mellon Corp raised its stake in Avantis U.S. Equity ETF by 12.7% during the 4th quarter. Bank of New York Mellon Corp now owns 477,594 shares of the company’s stock valued at $46,293,000 after purchasing an additional 53,763 shares during the period. Leo Wealth LLC grew its holdings in shares of Avantis U.S. Equity ETF by 5.7% during the fourth quarter. Leo Wealth LLC now owns 443,635 shares of the company’s stock valued at $43,000,000 after buying an additional 23,922 shares in the last quarter. Global Retirement Partners LLC raised its position in Avantis U.S. Equity ETF by 165.6% during the fourth quarter. Global Retirement Partners LLC now owns 648 shares of the company’s stock valued at $63,000 after buying an additional 404 shares during the period. Truist Financial Corp lifted its stake in Avantis U.S. Equity ETF by 5.0% in the 4th quarter. Truist Financial Corp now owns 5,664 shares of the company’s stock worth $549,000 after acquiring an additional 272 shares in the last quarter. Finally, PNC Financial Services Group Inc. boosted its position in Avantis U.S. Equity ETF by 359.4% during the 4th quarter. PNC Financial Services Group Inc. now owns 3,799 shares of the company’s stock worth $368,000 after acquiring an additional 2,972 shares during the period.

Avantis U.S. Equity ETF Stock Performance

Avantis U.S. Equity ETF stock opened at $83.16 on Monday. Avantis U.S. Equity ETF has a twelve month low of $82.94 and a twelve month high of $102.23. The firm has a market cap of $6.87 billion, a PE ratio of 20.21 and a beta of 1.03. The firm’s 50 day moving average price is $96.48 and its two-hundred day moving average price is $97.48.

Avantis U.S. Equity ETF Cuts Dividend

The business also recently announced a dividend, which was paid on Thursday, March 27th. Shareholders of record on Tuesday, March 25th were given a dividend of $0.2962 per share. The ex-dividend date of this dividend was Tuesday, March 25th.

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.