Avantis U.S. Equity ETF (NYSEARCA:AVUS) Stake Trimmed by Acorn Financial Advisory Services Inc. ADV

Acorn Financial Advisory Services Inc. ADV lowered its position in Avantis U.S. Equity ETF (NYSEARCA:AVUS) by 1.0% in the 3rd quarter, according to its most recent 13F filing with the SEC. The firm owned 190,022 shares of the company’s stock after selling 1,982 shares during the period. Avantis U.S. Equity ETF comprises approximately 3.2% of Acorn Financial Advisory Services Inc. ADV’s holdings, making the stock its 9th largest position. Acorn Financial Advisory Services Inc. ADV’s holdings in Avantis U.S. Equity ETF were worth $18,081,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also bought and sold shares of the company. Strategic Financial Concepts LLC lifted its stake in 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 in the last quarter. Annex Advisory Services LLC boosted its position in shares of 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 valued at $322,933,000 after acquiring an additional 679,655 shares during the last quarter. American Century Companies Inc. grew its holdings in shares of Avantis U.S. Equity ETF by 5.8% in the second quarter. American Century Companies Inc. now owns 2,924,011 shares of the company’s stock valued at $263,717,000 after purchasing an additional 159,134 shares in the last quarter. Envestnet Asset Management Inc. increased its position in Avantis U.S. Equity ETF by 6.8% in the second quarter. Envestnet Asset Management Inc. now owns 1,632,278 shares of the company’s stock worth $147,215,000 after purchasing an additional 104,125 shares during the last quarter. Finally, Northwestern Mutual Wealth Management Co. raised 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 valued at $132,638,000 after purchasing an additional 23,513 shares in the last quarter.

Avantis U.S. Equity ETF Price Performance

Shares of Avantis U.S. Equity ETF stock traded up $0.41 during trading hours on Friday, reaching $100.09. The company’s stock had a trading volume of 232,695 shares, compared to its average volume of 250,057. The firm has a 50 day moving average price of $94.82 and a 200-day moving average price of $91.69. The stock has a market cap of $7.22 billion, a P/E ratio of 17.22 and a beta of 1.00. Avantis U.S. Equity ETF has a one year low of $72.86 and a one year high of $100.32.

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.