NewEdge Advisors LLC Sells 45,579 Shares of Avantis U.S. Equity ETF $AVUS

NewEdge Advisors LLC decreased its position in Avantis U.S. Equity ETF (NYSEARCA:AVUS) by 64.3% during the first quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 25,252 shares of the company’s stock after selling 45,579 shares during the quarter. NewEdge Advisors LLC’s holdings in Avantis U.S. Equity ETF were worth $2,808,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Godfrey Financial Associates Inc. purchased a new stake in shares of Avantis U.S. Equity ETF during the fourth quarter worth about $29,000. Brown Brothers Harriman & Co. purchased a new position in Avantis U.S. Equity ETF during the 4th quarter valued at about $29,000. Monetary Solutions Ltd purchased a new position in Avantis U.S. Equity ETF during the 4th quarter valued at about $39,000. Federation des caisses Desjardins du Quebec bought a new position in Avantis U.S. Equity ETF during the 4th quarter valued at approximately $39,000. Finally, EverSource Wealth Advisors LLC raised its position in Avantis U.S. Equity ETF by 138.7% during the 2nd quarter. EverSource Wealth Advisors LLC now owns 358 shares of the company’s stock valued at $36,000 after purchasing an additional 208 shares during the last quarter.

Avantis U.S. Equity ETF Stock Performance

NYSEARCA AVUS opened at $132.35 on Friday. The stock has a market cap of $14.53 billion, a P/E ratio of 20.35 and a beta of 0.99. Avantis U.S. Equity ETF has a fifty-two week low of $103.64 and a fifty-two week high of $132.60. The stock has a 50 day simple moving average of $127.74 and a two-hundred day simple moving average of $121.49.

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.