Avantis U.S. Equity ETF $AVUS Shares Sold by Envestnet Asset Management Inc.

Envestnet Asset Management Inc. trimmed its position in shares of Avantis U.S. Equity ETF (NYSEARCA:AVUS) by 3.2% in the 3rd quarter, according to its most recent disclosure with the SEC. The institutional investor owned 1,621,727 shares of the company’s stock after selling 53,125 shares during the quarter. Envestnet Asset Management Inc. owned approximately 1.78% of Avantis U.S. Equity ETF worth $176,282,000 as of its most recent filing with the SEC.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in AVUS. Great Point Wealth Advisors LLC acquired a new stake in shares of Avantis U.S. Equity ETF in the third quarter valued at about $122,327,000. HB Wealth Management LLC grew its stake in Avantis U.S. Equity ETF by 27.5% during the 3rd quarter. HB Wealth Management LLC now owns 4,762,043 shares of the company’s stock valued at $517,634,000 after acquiring an additional 1,026,636 shares in the last quarter. CPC Advisors LLC acquired a new stake in Avantis U.S. Equity ETF in the 3rd quarter valued at about $52,305,000. McLean Asset Management Corp lifted its stake in Avantis U.S. Equity ETF by 214.0% in the 3rd quarter. McLean Asset Management Corp now owns 478,285 shares of the company’s stock worth $52,329,000 after purchasing an additional 325,942 shares in the last quarter. Finally, B&D White Capital Company LLC boosted its holdings in shares of Avantis U.S. Equity ETF by 52.2% during the 3rd quarter. B&D White Capital Company LLC now owns 553,467 shares of the company’s stock worth $60,162,000 after purchasing an additional 189,932 shares during the last quarter.

Avantis U.S. Equity ETF Price Performance

AVUS stock opened at $117.21 on Friday. Avantis U.S. Equity ETF has a 1 year low of $79.20 and a 1 year high of $117.42. The firm has a market capitalization of $11.21 billion, a PE ratio of 20.35 and a beta of 1.02. The business has a 50 day simple moving average of $113.65 and a 200-day simple moving average of $109.50.

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.