USAdvisors Wealth Management LLC Has $1.10 Million Stake in Avantis U.S. Equity ETF (NYSEARCA:AVUS)

USAdvisors Wealth Management LLC reduced its holdings in Avantis U.S. Equity ETF (NYSEARCA:AVUS) by 1.0% during the 4th quarter, HoldingsChannel reports. The institutional investor owned 11,371 shares of the company’s stock after selling 119 shares during the quarter. USAdvisors Wealth Management LLC’s holdings in Avantis U.S. Equity ETF were worth $1,102,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of the business. Annex Advisory Services LLC lifted its stake in shares of Avantis U.S. Equity ETF by 25.0% in the 3rd quarter. Annex Advisory Services LLC now owns 3,393,936 shares of the company’s stock valued at $322,933,000 after purchasing an additional 679,655 shares during the period. Simplicity Wealth LLC increased its holdings in Avantis U.S. Equity ETF by 837.3% in the third quarter. Simplicity Wealth LLC now owns 629,361 shares of the company’s stock valued at $59,884,000 after purchasing an additional 562,213 shares during the last quarter. McGlone Suttner Wealth Management Inc. lifted its stake in Avantis U.S. Equity ETF by 2,221.3% in the third quarter. McGlone Suttner Wealth Management Inc. now owns 345,642 shares of the company’s stock valued at $32,888,000 after buying an additional 330,752 shares during the period. Ridgeline Wealth LLC bought a new position in Avantis U.S. Equity ETF during the fourth quarter worth about $26,663,000. Finally, Smith Anglin Financial LLC grew its position in shares of Avantis U.S. Equity ETF by 45.6% during the 3rd quarter. Smith Anglin Financial LLC now owns 846,295 shares of the company’s stock worth $80,525,000 after buying an additional 265,209 shares during the period.

Avantis U.S. Equity ETF Price Performance

Shares of NYSEARCA:AVUS opened at $100.48 on Thursday. The firm’s 50 day simple moving average is $99.50 and its 200 day simple moving average is $95.84. Avantis U.S. Equity ETF has a fifty-two week low of $81.73 and a fifty-two week high of $102.23. The company has a market capitalization of $7.25 billion, a price-to-earnings ratio of 17.22 and a beta of 1.00.

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.