Intelligence Driven Advisers LLC Has $364,000 Stock Position in Avantis U.S. Equity ETF (NYSEARCA:AVUS)

Intelligence Driven Advisers LLC lessened its holdings in Avantis U.S. Equity ETF (NYSEARCA:AVUS) by 46.2% during the fourth quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 3,752 shares of the company’s stock after selling 3,219 shares during the quarter. Intelligence Driven Advisers LLC’s holdings in Avantis U.S. Equity ETF were worth $364,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently modified their holdings of AVUS. Truist Financial Corp boosted its stake in Avantis U.S. Equity ETF by 85.5% in the second quarter. Truist Financial Corp now owns 5,399 shares of the company’s stock valued at $487,000 after buying an additional 2,489 shares in the last quarter. Alpha Financial Partners LLC bought a new stake in shares of Avantis U.S. Equity ETF during the 3rd quarter valued at approximately $8,814,000. Procyon Advisors LLC grew its holdings in shares of Avantis U.S. Equity ETF by 10.5% during the 3rd quarter. Procyon Advisors LLC now owns 3,612 shares of the company’s stock valued at $344,000 after purchasing an additional 342 shares during the last quarter. MN Wealth Advisors LLC lifted its stake in Avantis U.S. Equity ETF by 1.7% in the 3rd quarter. MN Wealth Advisors LLC now owns 51,783 shares of the company’s stock valued at $4,927,000 after purchasing an additional 850 shares during the last quarter. Finally, Cornerstone Wealth Management LLC boosted its position in Avantis U.S. Equity ETF by 6.2% in the third quarter. Cornerstone Wealth Management LLC now owns 53,470 shares of the company’s stock valued at $5,088,000 after buying an additional 3,143 shares in the last quarter.

Avantis U.S. Equity ETF Stock Performance

Shares of NYSEARCA:AVUS opened at $99.98 on Thursday. Avantis U.S. Equity ETF has a 52-week low of $82.74 and a 52-week high of $102.23. The company has a market capitalization of $7.21 billion, a PE ratio of 17.22 and a beta of 1.00. The company has a fifty day moving average of $99.33 and a 200-day moving average of $96.44.

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.