3,002,286 Avantis U.S. Equity ETF $AVUS Shares Sold by Modera Wealth Management LLC

Modera Wealth Management LLC lowered its position in Avantis U.S. Equity ETF (NYSEARCA:AVUS) by 73.1% during the third quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 1,103,061 shares of the company’s stock after selling 3,002,286 shares during the period. Avantis U.S. Equity ETF makes up about 1.5% of Modera Wealth Management LLC’s portfolio, making the stock its 14th largest position. Modera Wealth Management LLC owned approximately 0.96% of Avantis U.S. Equity ETF worth $141,291,000 at the end of the most recent reporting period.

Several other large investors have also recently modified their holdings of AVUS. Triumph Capital Management purchased a new position in Avantis U.S. Equity ETF in the third quarter worth $27,000. Kings Path Partners LLC acquired a new position in shares of Avantis U.S. Equity ETF during the third quarter worth $39,000. Anchor Investment Management LLC acquired a new position in shares of Avantis U.S. Equity ETF during the second quarter worth $53,000. Balance Wealth Partners LLC purchased a new stake in shares of Avantis U.S. Equity ETF during the 3rd quarter valued at $58,000. Finally, Western Wealth Management LLC purchased a new stake in shares of Avantis U.S. Equity ETF during the 1st quarter valued at $84,000.

Avantis U.S. Equity ETF Trading Down 1.4%

Shares of AVUS opened at $128.13 on Friday. The firm has a market cap of $14.67 billion, a PE ratio of 20.35 and a beta of 1.00. Avantis U.S. Equity ETF has a 12 month low of $105.72 and a 12 month high of $132.81. The stock has a fifty day moving average price of $129.60 and a 200-day moving average price of $123.49.

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.