Avantis U.S. Equity ETF $AVUS Shares Sold by Modera Wealth Management LLC

Modera Wealth Management LLC reduced its stake in Avantis U.S. Equity ETF (NYSEARCA:AVUS) by 73.1% in the 3rd quarter, according to 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 quarter. Avantis U.S. Equity ETF comprises about 1.5% of Modera Wealth Management LLC’s portfolio, making the stock its 14th largest holding. Modera Wealth Management LLC’s holdings in Avantis U.S. Equity ETF were worth $141,291,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors also recently bought and sold shares of the stock. Triumph Capital Management purchased a new stake in Avantis U.S. Equity ETF during the 3rd quarter worth approximately $27,000. Kings Path Partners LLC acquired a new position in Avantis U.S. Equity ETF during the 3rd quarter valued at approximately $39,000. Anchor Investment Management LLC acquired a new position in Avantis U.S. Equity ETF during the 2nd quarter valued at approximately $53,000. Balance Wealth Partners LLC purchased a new position in shares of Avantis U.S. Equity ETF in the third quarter worth $58,000. Finally, Western Wealth Management LLC purchased a new position in shares of Avantis U.S. Equity ETF in the first quarter worth $84,000.

Avantis U.S. Equity ETF Trading Down 1.4%

NYSEARCA AVUS opened at $128.13 on Friday. Avantis U.S. Equity ETF has a 12-month low of $105.72 and a 12-month high of $132.81. The company has a fifty day simple moving average of $129.60 and a two-hundred day simple moving average of $123.49. The stock has a market cap of $14.67 billion, a P/E ratio of 20.35 and a beta of 1.00.

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.