Avestar Capital LLC Trims Position in Avantis U.S. Equity ETF (NYSEARCA:AVUS)

Avestar Capital LLC decreased its position in shares of Avantis U.S. Equity ETF (NYSEARCA:AVUS) by 2.1% during the fourth quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 9,173 shares of the company’s stock after selling 197 shares during the quarter. Avestar Capital LLC’s holdings in Avantis U.S. Equity ETF were worth $889,000 at the end of the most recent quarter.

A number of other large investors also recently modified their holdings of AVUS. Strategic Financial Concepts LLC boosted its stake in Avantis U.S. Equity ETF by 11,619.3% in the 4th quarter. Strategic Financial Concepts LLC now owns 19,954,274 shares of the company’s stock worth $21,023,000 after purchasing an additional 19,784,005 shares during the period. Annex Advisory Services LLC lifted its holdings in shares of Avantis U.S. Equity ETF by 5.0% in the fourth quarter. Annex Advisory Services LLC now owns 3,563,572 shares of the company’s stock worth $345,417,000 after buying an additional 169,636 shares in the last quarter. Adero Partners LLC boosted its position in shares of Avantis U.S. Equity ETF by 8.6% during the fourth quarter. Adero Partners LLC now owns 1,567,202 shares of the company’s stock worth $151,909,000 after acquiring an additional 124,433 shares during the last quarter. LPL Financial LLC grew its stake in Avantis U.S. Equity ETF by 7.8% during the third quarter. LPL Financial LLC now owns 1,342,266 shares of the company’s stock valued at $127,717,000 after acquiring an additional 97,263 shares in the last quarter. Finally, Traphagen Investment Advisors LLC increased its holdings in Avantis U.S. Equity ETF by 1.1% in the 4th quarter. Traphagen Investment Advisors LLC now owns 1,169,356 shares of the company’s stock valued at $113,346,000 after acquiring an additional 12,358 shares during the last quarter.

Avantis U.S. Equity ETF Stock Up 1.0 %

Shares of AVUS stock opened at $100.95 on Friday. The company’s fifty day simple moving average is $99.33 and its two-hundred day simple moving average is $96.44. Avantis U.S. Equity ETF has a 52 week low of $83.45 and a 52 week high of $102.23. The stock has a market cap of $7.28 billion, a P/E 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.