Avantis U.S. Equity ETF (NYSEARCA:AVUS) Shares Sold by True Wealth Design LLC

True Wealth Design LLC reduced its position in Avantis U.S. Equity ETF (NYSEARCA:AVUS) by 68.1% during the 3rd quarter, HoldingsChannel reports. The institutional investor owned 20,931 shares of the company’s stock after selling 44,693 shares during the period. Avantis U.S. Equity ETF accounts for about 0.8% of True Wealth Design LLC’s holdings, making the stock its 13th largest holding. True Wealth Design LLC’s holdings in Avantis U.S. Equity ETF were worth $1,992,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in AVUS. Strategic Financial Concepts LLC raised its holdings in shares of Avantis U.S. Equity ETF by 11,264.4% in the 2nd quarter. Strategic Financial Concepts LLC now owns 14,316,250 shares of the company’s stock worth $1,291,183,000 after purchasing an additional 14,190,276 shares during the period. Annex Advisory Services LLC increased its position in Avantis U.S. Equity ETF by 25.0% during the 3rd quarter. Annex Advisory Services LLC now owns 3,393,936 shares of the company’s stock worth $322,933,000 after purchasing an additional 679,655 shares in the last quarter. American Century Companies Inc. lifted its position in Avantis U.S. Equity ETF by 5.8% during the second quarter. American Century Companies Inc. now owns 2,924,011 shares of the company’s stock valued at $263,717,000 after buying an additional 159,134 shares in the last quarter. Envestnet Asset Management Inc. grew its stake in Avantis U.S. Equity ETF by 6.8% during the second quarter. Envestnet Asset Management Inc. now owns 1,632,278 shares of the company’s stock worth $147,215,000 after buying an additional 104,125 shares during the period. Finally, Northwestern Mutual Wealth Management Co. grew its stake in Avantis U.S. Equity ETF by 1.6% during the second quarter. Northwestern Mutual Wealth Management Co. now owns 1,470,657 shares of the company’s stock worth $132,638,000 after buying an additional 23,513 shares during the period.

Avantis U.S. Equity ETF Trading Up 0.5 %

Shares of AVUS stock opened at $101.74 on Friday. The company has a market cap of $7.34 billion, a PE ratio of 17.22 and a beta of 1.00. The company’s fifty day simple moving average is $97.21 and its 200-day simple moving average is $93.10. Avantis U.S. Equity ETF has a 52 week low of $76.65 and a 52 week high of $101.92.

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.