4,484 Avantis U.S. Equity ETF $AVUS Shares Sold by Highland Financial Advisors LLC

Highland Financial Advisors LLC decreased its holdings in Avantis U.S. Equity ETF (NYSEARCA:AVUS) by 1.4% during the 3rd quarter, HoldingsChannel reports. The institutional investor owned 327,000 shares of the company’s stock after selling 4,484 shares during the quarter. Avantis U.S. Equity ETF accounts for approximately 8.9% of Highland Financial Advisors LLC’s investment portfolio, making the stock its 3rd largest holding. Highland Financial Advisors LLC’s holdings in Avantis U.S. Equity ETF were worth $41,885,000 as of its most recent filing with the SEC.

Several other hedge funds have also recently bought and sold shares of AVUS. Maseco LLP acquired a new position in Avantis U.S. Equity ETF during the first quarter valued at approximately $259,864,000. RVW Wealth LLC purchased a new stake in Avantis U.S. Equity ETF during the third quarter worth approximately $116,689,000. SC&H Financial Advisors Inc. purchased a new stake in Avantis U.S. Equity ETF during the third quarter worth approximately $83,611,000. Gradient Investments LLC acquired a new stake in shares of Avantis U.S. Equity ETF in the third quarter worth $70,105,000. Finally, HB Wealth Management LLC increased its position in shares of Avantis U.S. Equity ETF by 9.4% in the first quarter. HB Wealth Management LLC now owns 5,744,706 shares of the company’s stock worth $638,692,000 after acquiring an additional 495,876 shares in the last quarter.

Avantis U.S. Equity ETF Stock Up 0.2%

Shares of AVUS stock traded up $0.30 during mid-day trading on Monday, reaching $128.93. The company’s stock had a trading volume of 430,569 shares, compared to its average volume of 322,099. The company’s 50 day simple moving average is $130.00 and its 200-day simple moving average is $126.57. Avantis U.S. Equity ETF has a 12-month low of $105.72 and a 12-month high of $132.81. The firm has a market capitalization of $14.69 billion, a PE 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.