Avantis U.S. Equity ETF $AVUS Shares Sold by Savvy Advisors Inc.

Savvy Advisors Inc. lessened its stake in shares of Avantis U.S. Equity ETF (NYSEARCA:AVUS) by 17.5% during the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 4,033 shares of the company’s stock after selling 853 shares during the quarter. Savvy Advisors Inc.’s holdings in Avantis U.S. Equity ETF were worth $407,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors also recently modified their holdings of the stock. World Investment Advisors lifted its stake in shares of Avantis U.S. Equity ETF by 21.7% during the second quarter. World Investment Advisors now owns 366,093 shares of the company’s stock worth $36,909,000 after purchasing an additional 65,366 shares in the last quarter. Waterfront Wealth Inc. lifted its stake in shares of Avantis U.S. Equity ETF by 0.7% during the second quarter. Waterfront Wealth Inc. now owns 15,112 shares of the company’s stock worth $1,524,000 after purchasing an additional 105 shares in the last quarter. Arcadia Wealth Management Inc. lifted its stake in shares of Avantis U.S. Equity ETF by 11.0% during the second quarter. Arcadia Wealth Management Inc. now owns 295,806 shares of the company’s stock worth $29,823,000 after purchasing an additional 29,391 shares in the last quarter. Winebrenner Capital Management LLC lifted its stake in shares of Avantis U.S. Equity ETF by 19.8% during the second quarter. Winebrenner Capital Management LLC now owns 4,046 shares of the company’s stock worth $408,000 after purchasing an additional 669 shares in the last quarter. Finally, SwitchPoint Financial Planning LLC acquired a new position in shares of Avantis U.S. Equity ETF during the second quarter worth about $1,930,000.

Avantis U.S. Equity ETF Stock Performance

NYSEARCA:AVUS opened at $110.27 on Friday. The stock has a market cap of $10.05 billion, a price-to-earnings ratio of 20.35 and a beta of 1.02. The business’s 50-day simple moving average is $108.13 and its 200 day simple moving average is $101.80. Avantis U.S. Equity ETF has a one year low of $79.20 and a one year high of $111.62.

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.