Avantis U.S. Equity ETF $AVUS Stake Lowered by WMG Financial Advisors LLC

WMG Financial Advisors LLC decreased its holdings in shares of Avantis U.S. Equity ETF (NYSEARCA:AVUS) by 0.9% in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 503,666 shares of the company’s stock after selling 4,712 shares during the quarter. Avantis U.S. Equity ETF makes up approximately 18.3% of WMG Financial Advisors LLC’s portfolio, making the stock its biggest position. WMG Financial Advisors LLC’s holdings in Avantis U.S. Equity ETF were worth $54,748,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Harbor Asset Planning Inc. acquired a new position in shares of Avantis U.S. Equity ETF in the 2nd quarter valued at $29,000. EverSource Wealth Advisors LLC boosted its stake in Avantis U.S. Equity ETF by 138.7% in the second quarter. EverSource Wealth Advisors LLC now owns 358 shares of the company’s stock valued at $36,000 after acquiring an additional 208 shares in the last quarter. Promus Capital LLC purchased a new position in shares of Avantis U.S. Equity ETF during the second quarter worth about $48,000. Trust Co. of Vermont purchased a new position in shares of Avantis U.S. Equity ETF during the third quarter worth about $51,000. Finally, Asset Dedication LLC increased its position in shares of Avantis U.S. Equity ETF by 67.7% during the second quarter. Asset Dedication LLC now owns 845 shares of the company’s stock worth $85,000 after purchasing an additional 341 shares in the last quarter.

Avantis U.S. Equity ETF Stock Up 0.8%

Shares of NYSEARCA AVUS opened at $114.55 on Wednesday. The business has a 50-day moving average price of $110.97 and a 200 day moving average price of $107.38. The stock has a market cap of $10.73 billion, a PE ratio of 20.35 and a beta of 1.02. Avantis U.S. Equity ETF has a 52-week low of $79.20 and a 52-week high of $114.58.

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.