Avidian Wealth Solutions LLC Sells 4,677 Shares of Avantis U.S. Equity ETF (NYSEARCA:AVUS)

Avidian Wealth Solutions LLC trimmed its position in Avantis U.S. Equity ETF (NYSEARCA:AVUS) by 6.2% during the fourth quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 71,318 shares of the company’s stock after selling 4,677 shares during the quarter. Avidian Wealth Solutions LLC owned approximately 0.12% of Avantis U.S. Equity ETF worth $5,816,000 as of its most recent SEC filing.

Other hedge funds have also bought and sold shares of the company. Lindbrook Capital LLC bought a new stake in Avantis U.S. Equity ETF in the third quarter valued at approximately $88,000. Salem Investment Counselors Inc. bought a new stake in Avantis U.S. Equity ETF in the 4th quarter valued at $139,000. Greenup Street Wealth Management LLC acquired a new stake in Avantis U.S. Equity ETF during the 3rd quarter valued at $202,000. Sound Income Strategies LLC bought a new position in Avantis U.S. Equity ETF during the fourth quarter worth $207,000. Finally, CRA Financial Services LLC acquired a new position in shares of Avantis U.S. Equity ETF in the fourth quarter valued at $215,000.

Avantis U.S. Equity ETF Stock Up 1.1 %

Shares of NYSEARCA AVUS traded up $0.97 during mid-day trading on Friday, reaching $86.93. 311,292 shares of the company were exchanged, compared to its average volume of 278,286. The stock has a market capitalization of $6.27 billion, a P/E ratio of 17.22 and a beta of 1.00. The company’s 50-day simple moving average is $87.09 and its 200-day simple moving average is $81.79. Avantis U.S. Equity ETF has a twelve month low of $68.68 and a twelve month high of $89.65.

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.