Avantis U.S. Equity ETF (NYSEARCA:AVUS) Stock Position Decreased by Echo Wealth Management LLC

Echo Wealth Management LLC trimmed its position in shares of Avantis U.S. Equity ETF (NYSEARCA:AVUS) by 4.2% in the 3rd quarter, according to its most recent disclosure with the SEC. The institutional investor owned 88,736 shares of the company’s stock after selling 3,845 shares during the quarter. Avantis U.S. Equity ETF makes up approximately 5.9% of Echo Wealth Management LLC’s investment portfolio, making the stock its 8th largest position. Echo Wealth Management LLC’s holdings in Avantis U.S. Equity ETF were worth $8,491,000 at the end of the most recent quarter.

Other hedge funds have also recently added to or reduced their stakes in the company. Hardin Capital Partners LLC grew its holdings in shares of Avantis U.S. Equity ETF by 32.1% during the third quarter. Hardin Capital Partners LLC now owns 7,644 shares of the company’s stock worth $726,000 after buying an additional 1,856 shares in the last quarter. Werba Rubin Papier Wealth Management increased its position in Avantis U.S. Equity ETF by 6.6% during the third quarter. Werba Rubin Papier Wealth Management now owns 603,504 shares of the company’s stock worth $57,423,000 after purchasing an additional 37,255 shares during the last quarter. Lam Group Inc. grew its stake in shares of Avantis U.S. Equity ETF by 20.6% in the 3rd quarter. Lam Group Inc. now owns 9,680 shares of the company’s stock valued at $921,000 after buying an additional 1,655 shares during the period. Commonwealth Equity Services LLC raised its position in shares of Avantis U.S. Equity ETF by 5.5% during the 3rd quarter. Commonwealth Equity Services LLC now owns 396,301 shares of the company’s stock valued at $37,708,000 after buying an additional 20,813 shares during the period. Finally, Raymond James & Associates grew its position in Avantis U.S. Equity ETF by 11.4% in the third quarter. Raymond James & Associates now owns 233,493 shares of the company’s stock worth $22,217,000 after acquiring an additional 23,986 shares during the period.

Avantis U.S. Equity ETF Stock Up 0.2 %

AVUS stock opened at $97.22 on Monday. Avantis U.S. Equity ETF has a 52-week low of $69.57 and a 52-week high of $97.51. The stock has a market cap of $7.01 billion, a price-to-earnings ratio of 17.22 and a beta of 1.00. The business has a fifty day moving average of $93.48 and a two-hundred day moving average of $90.72.

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.