Avantis U.S. Equity ETF $AVUS is Oak Root LLC’s Largest Position

Oak Root LLC cut its stake in Avantis U.S. Equity ETF (NYSEARCA:AVUS) by 4.2% in the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 2,905,949 shares of the company’s stock after selling 126,756 shares during the quarter. Avantis U.S. Equity ETF comprises approximately 39.3% of Oak Root LLC’s investment portfolio, making the stock its biggest position. Oak Root LLC’s holdings in Avantis U.S. Equity ETF were worth $324,827,000 at the end of the most recent reporting period.

Several other institutional investors have also modified their holdings of the stock. Red Lighthouse Investment Management LLC boosted its position in shares of Avantis U.S. Equity ETF by 0.6% during the 4th quarter. Red Lighthouse Investment Management LLC now owns 429,120 shares of the company’s stock valued at $47,967,000 after acquiring an additional 2,414 shares during the last quarter. Vista Investment Partners LLC grew its holdings in shares of Avantis U.S. Equity ETF by 1.3% in the fourth quarter. Vista Investment Partners LLC now owns 24,402 shares of the company’s stock valued at $2,728,000 after purchasing an additional 304 shares during the period. Mattern Wealth Management LLC increased its position in Avantis U.S. Equity ETF by 2.6% during the fourth quarter. Mattern Wealth Management LLC now owns 363,928 shares of the company’s stock worth $40,680,000 after purchasing an additional 9,351 shares during the last quarter. Kwmg LLC increased its position in Avantis U.S. Equity ETF by 1.3% during the fourth quarter. Kwmg LLC now owns 123,326 shares of the company’s stock worth $13,785,000 after purchasing an additional 1,541 shares during the last quarter. Finally, McLean Asset Management Corp raised its stake in Avantis U.S. Equity ETF by 41.6% during the fourth quarter. McLean Asset Management Corp now owns 677,180 shares of the company’s stock worth $77,598,000 after purchasing an additional 198,895 shares during the period.

Avantis U.S. Equity ETF Price Performance

NYSEARCA:AVUS opened at $112.00 on Friday. The company’s 50-day moving average is $114.45 and its two-hundred day moving average is $111.98. Avantis U.S. Equity ETF has a 1-year low of $79.20 and a 1-year high of $118.27. The firm has a market capitalization of $10.71 billion, a price-to-earnings ratio of 20.35 and a beta of 1.02.

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.