Intelligence Driven Advisers LLC Sells 341,298 Shares of Avantis U.S. Equity ETF (NYSEARCA:AVUS)

Intelligence Driven Advisers LLC lowered its stake in shares of Avantis U.S. Equity ETF (NYSEARCA:AVUS) by 91.7% during the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 30,972 shares of the company’s stock after selling 341,298 shares during the period. Avantis U.S. Equity ETF accounts for 0.4% of Intelligence Driven Advisers LLC’s holdings, making the stock its 22nd biggest position. Intelligence Driven Advisers LLC’s holdings in Avantis U.S. Equity ETF were worth $2,537,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Lindbrook Capital LLC bought a new stake in shares of Avantis U.S. Equity ETF during the 3rd quarter worth approximately $88,000. Salem Investment Counselors Inc. bought a new stake in shares of Avantis U.S. Equity ETF during the 4th quarter worth approximately $139,000. Sound Income Strategies LLC bought a new stake in shares of Avantis U.S. Equity ETF during the 4th quarter worth approximately $207,000. CRA Financial Services LLC bought a new stake in shares of Avantis U.S. Equity ETF during the 4th quarter worth approximately $215,000. Finally, Calamos Wealth Management LLC bought a new stake in shares of Avantis U.S. Equity ETF during the 4th quarter worth approximately $218,000.

Avantis U.S. Equity ETF Trading Up 1.0 %

Shares of Avantis U.S. Equity ETF stock traded up $0.83 on Thursday, reaching $85.87. 154,536 shares of the company were exchanged, compared to its average volume of 277,135. Avantis U.S. Equity ETF has a one year low of $68.68 and a one year high of $89.65. The company has a market capitalization of $6.26 billion, a price-to-earnings ratio of 17.12 and a beta of 1.05. The company has a 50-day moving average of $87.06 and a 200 day moving average of $81.67.

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.