Avantis U.S. Equity ETF $AVUS Position Reduced by Magnolia Private Wealth LLC

Magnolia Private Wealth LLC trimmed its holdings in shares of Avantis U.S. Equity ETF (NYSEARCA:AVUS) by 54.9% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 105,108 shares of the company’s stock after selling 127,941 shares during the period. Avantis U.S. Equity ETF comprises 8.2% of Magnolia Private Wealth LLC’s investment portfolio, making the stock its largest position. Magnolia Private Wealth LLC owned 0.11% of Avantis U.S. Equity ETF worth $11,749,000 as of its most recent SEC filing.

Other institutional investors also recently bought and sold shares of the company. Global Retirement Partners LLC raised its stake in shares of Avantis U.S. Equity ETF by 8.3% in the 4th quarter. Global Retirement Partners LLC now owns 26,027 shares of the company’s stock valued at $2,909,000 after acquiring an additional 1,996 shares during the period. Prevail Innovative Wealth Advisors LLC increased its holdings in Avantis U.S. Equity ETF by 21.6% in the 4th quarter. Prevail Innovative Wealth Advisors LLC now owns 28,251 shares of the company’s stock valued at $3,158,000 after purchasing an additional 5,013 shares in the last quarter. Legacy Financial Group Inc. raised its position in Avantis U.S. Equity ETF by 6.5% in the fourth quarter. Legacy Financial Group Inc. now owns 350,459 shares of the company’s stock valued at $39,174,000 after purchasing an additional 21,335 shares during the period. PNC Financial Services Group Inc. raised its position in Avantis U.S. Equity ETF by 1.9% in the fourth quarter. PNC Financial Services Group Inc. now owns 21,484 shares of the company’s stock valued at $2,401,000 after purchasing an additional 410 shares during the period. Finally, Paul R. Ried Financial Group LLC acquired a new position in shares of Avantis U.S. Equity ETF during the fourth quarter worth about $205,000.

Avantis U.S. Equity ETF Price Performance

Shares of NYSEARCA AVUS opened at $125.19 on Friday. Avantis U.S. Equity ETF has a 1-year low of $94.17 and a 1-year high of $126.16. The company has a market capitalization of $12.51 billion, a price-to-earnings ratio of 20.35 and a beta of 0.99. The business has a 50-day moving average of $117.57 and a 200-day moving average of $114.79.

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.