Private Advisor Group LLC Sells 16,351 Shares of Avantis U.S. Equity ETF $AVUS

Private Advisor Group LLC lessened its stake in Avantis U.S. Equity ETF (NYSEARCA:AVUS) by 22.6% in the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 56,011 shares of the company’s stock after selling 16,351 shares during the quarter. Private Advisor Group LLC owned approximately 0.06% of Avantis U.S. Equity ETF worth $6,227,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also made changes to their positions in AVUS. Brighton Jones LLC bought a new position in shares of Avantis U.S. Equity ETF in the 4th quarter valued at about $670,000. EverSource Wealth Advisors LLC increased its stake in shares of Avantis U.S. Equity ETF by 138.7% during the 2nd quarter. EverSource Wealth Advisors LLC now owns 358 shares of the company’s stock worth $36,000 after purchasing an additional 208 shares during the last quarter. First Trust Advisors LP raised its holdings in shares of Avantis U.S. Equity ETF by 140.4% in the 2nd quarter. First Trust Advisors LP now owns 15,448 shares of the company’s stock valued at $1,557,000 after purchasing an additional 9,022 shares during the period. Qube Research & Technologies Ltd raised its holdings in shares of Avantis U.S. Equity ETF by 17.6% in the 2nd quarter. Qube Research & Technologies Ltd now owns 964 shares of the company’s stock valued at $97,000 after purchasing an additional 144 shares during the period. Finally, Quantinno Capital Management LP acquired a new stake in Avantis U.S. Equity ETF in the 2nd quarter valued at about $1,901,000.

Avantis U.S. Equity ETF Stock Performance

NYSEARCA:AVUS traded down $0.73 during mid-day trading on Tuesday, hitting $127.20. The stock had a trading volume of 26,797 shares, compared to its average volume of 327,855. Avantis U.S. Equity ETF has a twelve month low of $100.71 and a twelve month high of $128.86. The stock has a market cap of $13.72 billion, a price-to-earnings ratio of 20.35 and a beta of 0.99. The company’s 50 day simple moving average is $125.55 and its 200 day simple moving average is $118.42.

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.