Avantis U.S. Equity ETF $AVUS Shares Sold by Magnolia Private Wealth LLC

Magnolia Private Wealth LLC trimmed its position in Avantis U.S. Equity ETF (NYSEARCA:AVUS) by 54.9% in the fourth quarter, Holdings Channel.com reports. The fund owned 105,108 shares of the company’s stock after selling 127,941 shares during the period. Avantis U.S. Equity ETF makes up approximately 8.2% of Magnolia Private Wealth LLC’s investment portfolio, making the stock its largest position. Magnolia Private Wealth LLC’s holdings in Avantis U.S. Equity ETF were worth $11,749,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also made changes to their positions in the company. CPC Advisors LLC boosted its holdings in shares of Avantis U.S. Equity ETF by 1.4% in the 4th quarter. CPC Advisors LLC now owns 488,010 shares of the company’s stock valued at $54,550,000 after buying an additional 6,820 shares during the period. Leo Wealth LLC raised its stake in Avantis U.S. Equity ETF by 81.0% during the fourth quarter. Leo Wealth LLC now owns 483,817 shares of the company’s stock worth $54,104,000 after acquiring an additional 216,502 shares during the period. Signature Resources Capital Management LLC lifted its holdings in Avantis U.S. Equity ETF by 5.6% in the fourth quarter. Signature Resources Capital Management LLC now owns 271,612 shares of the company’s stock worth $30,361,000 after acquiring an additional 14,461 shares during the last quarter. American Century Companies Inc. lifted its holdings in Avantis U.S. Equity ETF by 2.8% in the third quarter. American Century Companies Inc. now owns 3,571,038 shares of the company’s stock worth $388,172,000 after acquiring an additional 96,975 shares during the last quarter. Finally, Jones Financial Companies Lllp boosted its stake in Avantis U.S. Equity ETF by 64.7% in the third quarter. Jones Financial Companies Lllp now owns 34,347 shares of the company’s stock valued at $3,723,000 after acquiring an additional 13,491 shares during the period.

Avantis U.S. Equity ETF Trading Up 0.2%

NYSEARCA:AVUS opened at $125.19 on Friday. The stock has a 50 day moving average of $117.57 and a 200-day moving average of $114.79. The firm has a market capitalization of $12.51 billion, a PE ratio of 20.35 and a beta of 0.99. Avantis U.S. Equity ETF has a 52 week low of $94.17 and a 52 week high of $126.16.

Avantis U.S. Equity ETF Company 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.