Morling Financial Advisors LLC Purchases 941 Shares of Avantis U.S. Equity ETF (NYSEARCA:AVUS)

Morling Financial Advisors LLC raised its position in shares of Avantis U.S. Equity ETF (NYSEARCA:AVUS) by 1.7% in the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 55,022 shares of the company’s stock after purchasing an additional 941 shares during the quarter. Avantis U.S. Equity ETF accounts for approximately 1.9% of Morling Financial Advisors LLC’s holdings, making the stock its 15th biggest position. Morling Financial Advisors LLC owned about 0.08% of Avantis U.S. Equity ETF worth $5,333,000 at the end of the most recent quarter.

Other large investors have also made changes to their positions in the company. Index Fund Advisors Inc. grew its stake in shares of Avantis U.S. Equity ETF by 4.1% during the 4th quarter. Index Fund Advisors Inc. now owns 2,989 shares of the company’s stock valued at $290,000 after acquiring an additional 118 shares during the period. SageView Advisory Group LLC grew its stake in shares of Avantis U.S. Equity ETF by 0.5% during the 3rd quarter. SageView Advisory Group LLC now owns 28,933 shares of the company’s stock valued at $2,753,000 after acquiring an additional 133 shares during the period. Smartleaf Asset Management LLC grew its stake in shares of Avantis U.S. Equity ETF by 6.3% during the 4th quarter. Smartleaf Asset Management LLC now owns 2,324 shares of the company’s stock valued at $226,000 after acquiring an additional 138 shares during the period. Valued Wealth Advisors LLC grew its stake in shares of Avantis U.S. Equity ETF by 1.1% during the 4th quarter. Valued Wealth Advisors LLC now owns 14,522 shares of the company’s stock valued at $1,408,000 after acquiring an additional 163 shares during the period. Finally, Wealth Management Partners LLC grew its stake in shares of Avantis U.S. Equity ETF by 1.1% during the 4th quarter. Wealth Management Partners LLC now owns 15,468 shares of the company’s stock valued at $1,499,000 after acquiring an additional 166 shares during the period.

Avantis U.S. Equity ETF Trading Down 2.5 %

Shares of NYSEARCA:AVUS opened at $92.47 on Tuesday. The stock has a 50 day moving average of $98.85 and a 200 day moving average of $97.47. The company has a market cap of $7.56 billion, a PE ratio of 21.19 and a beta of 1.06. Avantis U.S. Equity ETF has a 12-month low of $84.26 and a 12-month high of $102.23.

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.