Ariadne Wealth Management LP Sells 1,711 Shares of Avantis U.S. Equity ETF (NYSEARCA:AVUS)

Ariadne Wealth Management LP decreased its holdings in shares of Avantis U.S. Equity ETF (NYSEARCA:AVUS) by 2.5% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 66,808 shares of the company’s stock after selling 1,711 shares during the quarter. Avantis U.S. Equity ETF makes up about 3.1% of Ariadne Wealth Management LP’s investment portfolio, making the stock its 5th biggest holding. Ariadne Wealth Management LP owned 0.09% of Avantis U.S. Equity ETF worth $6,710,000 at the end of the most recent quarter.

A number of other hedge funds have also added to or reduced their stakes in AVUS. Bank of New York Mellon Corp raised its position in Avantis U.S. Equity ETF by 12.7% during the fourth quarter. Bank of New York Mellon Corp now owns 477,594 shares of the company’s stock worth $46,293,000 after acquiring an additional 53,763 shares in the last quarter. Leo Wealth LLC raised its holdings in shares of Avantis U.S. Equity ETF by 5.7% in the 4th quarter. Leo Wealth LLC now owns 443,635 shares of the company’s stock valued at $43,000,000 after purchasing an additional 23,922 shares during the period. Global Retirement Partners LLC lifted its stake in Avantis U.S. Equity ETF by 165.6% in the 4th quarter. Global Retirement Partners LLC now owns 648 shares of the company’s stock valued at $63,000 after purchasing an additional 404 shares during the last quarter. Truist Financial Corp grew its holdings in Avantis U.S. Equity ETF by 5.0% during the fourth quarter. Truist Financial Corp now owns 5,664 shares of the company’s stock worth $549,000 after purchasing an additional 272 shares during the period. Finally, Fonville Wealth Management LLC increased its position in Avantis U.S. Equity ETF by 7.6% during the fourth quarter. Fonville Wealth Management LLC now owns 95,246 shares of the company’s stock worth $9,232,000 after buying an additional 6,703 shares during the last quarter.

Avantis U.S. Equity ETF Stock Up 2.1 %

AVUS opened at $95.26 on Tuesday. Avantis U.S. Equity ETF has a 12-month low of $84.26 and a 12-month high of $102.23. The business has a 50 day moving average of $97.97 and a 200-day moving average of $97.48. The stock has a market cap of $7.83 billion, a price-to-earnings ratio of 20.02 and a beta of 1.06.

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.