Avantis U.S. Equity ETF (NYSEARCA:AVUS) Stock Position Cut by Red Lighthouse Investment Management LLC

Red Lighthouse Investment Management LLC lessened its stake in Avantis U.S. Equity ETF (NYSEARCA:AVUS) by 0.0% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 424,607 shares of the company’s stock after selling 211 shares during the period. Avantis U.S. Equity ETF makes up approximately 16.3% of Red Lighthouse Investment Management LLC’s holdings, making the stock its largest position. Red Lighthouse Investment Management LLC owned about 0.59% of Avantis U.S. Equity ETF worth $41,157,000 at the end of the most recent reporting period.

A number of other hedge funds have also added to or reduced their stakes in the stock. Cozad Asset Management Inc. increased its position in Avantis U.S. Equity ETF by 11.8% during the third quarter. Cozad Asset Management Inc. now owns 14,430 shares of the company’s stock valued at $1,373,000 after acquiring an additional 1,518 shares during the last quarter. TFB Advisors LLC grew its stake in shares of Avantis U.S. Equity ETF by 5.6% during the 3rd quarter. TFB Advisors LLC now owns 19,696 shares of the company’s stock valued at $1,874,000 after purchasing an additional 1,039 shares during the period. Triune Financial Partners LLC bought a new stake in shares of Avantis U.S. Equity ETF during the 3rd quarter valued at about $3,231,000. Objective Capital Management LLC purchased a new stake in shares of Avantis U.S. Equity ETF during the 3rd quarter valued at about $284,000. Finally, Cypress Point Wealth Management LLC lifted its stake in shares of Avantis U.S. Equity ETF by 2.2% in the 3rd quarter. Cypress Point Wealth Management LLC now owns 47,781 shares of the company’s stock worth $4,546,000 after purchasing an additional 1,014 shares during the period.

Avantis U.S. Equity ETF Trading Up 0.5 %

AVUS opened at $94.83 on Friday. Avantis U.S. Equity ETF has a 12-month low of $84.26 and a 12-month high of $102.23. The company has a market cap of $7.75 billion, a price-to-earnings ratio of 21.19 and a beta of 1.06. The company’s 50 day moving average is $98.94 and its 200 day moving average is $97.40.

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.