Physician Wealth Solutions Inc. Cuts Stock Position in Avantis U.S. Equity ETF (NYSEARCA:AVUS)

Physician Wealth Solutions Inc. lessened its stake in Avantis U.S. Equity ETF (NYSEARCA:AVUS) by 0.4% in the 4th quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 29,390 shares of the company’s stock after selling 130 shares during the quarter. Avantis U.S. Equity ETF makes up about 1.4% of Physician Wealth Solutions Inc.’s portfolio, making the stock its 20th biggest holding. Physician Wealth Solutions Inc.’s holdings in Avantis U.S. Equity ETF were worth $2,849,000 as of its most recent filing with the SEC.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in the stock. Index Fund Advisors Inc. grew its holdings in shares of Avantis U.S. Equity ETF by 4.1% during the fourth quarter. Index Fund Advisors Inc. now owns 2,989 shares of the company’s stock worth $290,000 after buying an additional 118 shares in the last quarter. SageView Advisory Group LLC grew its holdings in shares of Avantis U.S. Equity ETF by 0.5% during the third quarter. SageView Advisory Group LLC now owns 28,933 shares of the company’s stock worth $2,753,000 after buying an additional 133 shares in the last quarter. Smartleaf Asset Management LLC grew its holdings in shares of Avantis U.S. Equity ETF by 6.3% during the fourth quarter. Smartleaf Asset Management LLC now owns 2,324 shares of the company’s stock worth $226,000 after buying an additional 138 shares in the last quarter. Valued Wealth Advisors LLC grew its holdings in shares of Avantis U.S. Equity ETF by 1.1% during the fourth quarter. Valued Wealth Advisors LLC now owns 14,522 shares of the company’s stock worth $1,408,000 after buying an additional 163 shares in the last quarter. Finally, Wealth Management Partners LLC grew its holdings in shares of Avantis U.S. Equity ETF by 1.1% during the fourth quarter. Wealth Management Partners LLC now owns 15,468 shares of the company’s stock worth $1,499,000 after buying an additional 166 shares in the last quarter.

Avantis U.S. Equity ETF Stock Down 2.0 %

Avantis U.S. Equity ETF stock opened at $96.36 on Tuesday. Avantis U.S. Equity ETF has a 52-week low of $84.26 and a 52-week high of $102.23. The firm has a market capitalization of $7.88 billion, a price-to-earnings ratio of 21.19 and a beta of 1.06. The company has a fifty day simple moving average of $99.24 and a 200-day simple moving average of $97.40.

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.