Freedom Financial Partners LLC Has $19.36 Million Position in Avantis U.S. Equity ETF $AVUS

Freedom Financial Partners LLC trimmed its position in shares of Avantis U.S. Equity ETF (NYSEARCA:AVUS) by 4.7% during the first quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 174,097 shares of the company’s stock after selling 8,647 shares during the period. Avantis U.S. Equity ETF makes up approximately 6.9% of Freedom Financial Partners LLC’s investment portfolio, making the stock its 3rd largest position. Freedom Financial Partners LLC’s holdings in Avantis U.S. Equity ETF were worth $19,356,000 at the end of the most recent reporting period.

Other hedge funds have also recently bought and sold shares of the company. Diversified Portfolios Inc. raised its position in shares of Avantis U.S. Equity ETF by 1.6% in the 4th quarter. Diversified Portfolios Inc. now owns 5,895 shares of the company’s stock valued at $659,000 after buying an additional 90 shares in the last quarter. Smartleaf Asset Management LLC increased its stake in Avantis U.S. Equity ETF by 4.2% in the second quarter. Smartleaf Asset Management LLC now owns 2,421 shares of the company’s stock valued at $243,000 after acquiring an additional 97 shares during the last quarter. RCS Financial Planning LLC increased its stake in Avantis U.S. Equity ETF by 4.0% in the fourth quarter. RCS Financial Planning LLC now owns 2,683 shares of the company’s stock valued at $300,000 after acquiring an additional 102 shares during the last quarter. Physician Wealth Solutions Inc. raised its position in Avantis U.S. Equity ETF by 0.3% during the fourth quarter. Physician Wealth Solutions Inc. now owns 36,970 shares of the company’s stock valued at $4,132,000 after purchasing an additional 107 shares in the last quarter. Finally, Moisand Fitzgerald Tamayo LLC raised its position in Avantis U.S. Equity ETF by 4.3% during the fourth quarter. Moisand Fitzgerald Tamayo LLC now owns 2,760 shares of the company’s stock valued at $309,000 after purchasing an additional 114 shares in the last quarter.

Avantis U.S. Equity ETF Price Performance

NYSEARCA AVUS opened at $127.64 on Friday. The business has a fifty day moving average price of $123.90 and a two-hundred day moving average price of $117.33. Avantis U.S. Equity ETF has a fifty-two week low of $97.00 and a fifty-two week high of $128.86. The stock has a market capitalization of $12.75 billion, a PE ratio of 20.35 and a beta of 0.99.

Avantis U.S. Equity ETF 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.