Freedom Financial Partners LLC Lowers Position in Avantis U.S. Equity ETF $AVUS

Freedom Financial Partners LLC decreased its holdings in Avantis U.S. Equity ETF (NYSEARCA:AVUS) by 4.7% in the 1st quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 174,097 shares of the company’s stock after selling 8,647 shares during the quarter. Avantis U.S. Equity ETF accounts for about 6.9% of Freedom Financial Partners LLC’s portfolio, making the stock its 3rd largest holding. Freedom Financial Partners LLC owned approximately 0.18% of Avantis U.S. Equity ETF worth $19,356,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also bought and sold shares of AVUS. Brighton Jones LLC bought a new position in shares of Avantis U.S. Equity ETF during the fourth quarter worth approximately $670,000. EverSource Wealth Advisors LLC boosted its stake in shares of Avantis U.S. Equity ETF by 138.7% in the second quarter. EverSource Wealth Advisors LLC now owns 358 shares of the company’s stock valued at $36,000 after buying an additional 208 shares during the period. First Trust Advisors LP boosted its stake in shares of Avantis U.S. Equity ETF by 140.4% in the second quarter. First Trust Advisors LP now owns 15,448 shares of the company’s stock valued at $1,557,000 after buying an additional 9,022 shares during the period. Qube Research & Technologies Ltd boosted its stake in shares of Avantis U.S. Equity ETF by 17.6% in the second quarter. Qube Research & Technologies Ltd now owns 964 shares of the company’s stock valued at $97,000 after buying an additional 144 shares during the period. Finally, Quantinno Capital Management LP acquired a new stake in Avantis U.S. Equity ETF during the second quarter worth approximately $1,901,000.

Avantis U.S. Equity ETF Price Performance

Avantis U.S. Equity ETF stock opened at $127.64 on Friday. The stock’s fifty day moving average price is $123.90 and its two-hundred day moving average price is $117.33. Avantis U.S. Equity ETF has a one year low of $97.00 and a one year high of $128.86. The firm has a market cap of $12.75 billion, a PE ratio of 20.35 and a beta of 0.99.

About Avantis U.S. Equity ETF

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.