LexAurum Advisors LLC Trims Position in Avantis U.S. Equity ETF $AVUS

LexAurum Advisors LLC lowered its position in shares of Avantis U.S. Equity ETF (NYSEARCA:AVUS) by 3.0% during the 3rd quarter, HoldingsChannel reports. The institutional investor owned 203,694 shares of the company’s stock after selling 6,233 shares during the quarter. Avantis U.S. Equity ETF comprises about 3.1% of LexAurum Advisors LLC’s investment portfolio, making the stock its 5th largest position. LexAurum Advisors LLC’s holdings in Avantis U.S. Equity ETF were worth $22,142,000 at the end of the most recent reporting period.

A number of other large investors also recently bought and sold shares of AVUS. Great Point Wealth Advisors LLC acquired a new position in Avantis U.S. Equity ETF during the 3rd quarter valued at approximately $122,327,000. Highland Financial Advisors LLC grew its position in shares of Avantis U.S. Equity ETF by 3.7% during the third quarter. Highland Financial Advisors LLC now owns 306,873 shares of the company’s stock worth $33,357,000 after acquiring an additional 10,921 shares during the last quarter. Bank of New York Mellon Corp increased its holdings in shares of Avantis U.S. Equity ETF by 6.5% in the 2nd quarter. Bank of New York Mellon Corp now owns 574,539 shares of the company’s stock worth $57,925,000 after acquiring an additional 35,161 shares during the period. Betterment LLC lifted its position in Avantis U.S. Equity ETF by 8.5% in the 2nd quarter. Betterment LLC now owns 60,610 shares of the company’s stock valued at $6,111,000 after purchasing an additional 4,735 shares during the last quarter. Finally, American Century Companies Inc. boosted its stake in Avantis U.S. Equity ETF by 0.3% during the 2nd quarter. American Century Companies Inc. now owns 3,474,063 shares of the company’s stock valued at $350,255,000 after purchasing an additional 10,224 shares during the period.

Avantis U.S. Equity ETF Trading Up 2.1%

Shares of NYSEARCA:AVUS opened at $117.21 on Monday. The firm’s 50 day moving average is $113.65 and its two-hundred day moving average is $109.59. Avantis U.S. Equity ETF has a 52 week low of $79.20 and a 52 week high of $117.42. The firm has a market capitalization of $11.21 billion, a P/E ratio of 20.35 and a beta of 1.02.

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.