Avantis U.S. Equity ETF $AVUS Shares Sold by Fifth Third Bancorp

Fifth Third Bancorp decreased its position in Avantis U.S. Equity ETF (NYSEARCA:AVUS) by 1.6% during the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 1,735,440 shares of the company’s stock after selling 28,589 shares during the quarter. Fifth Third Bancorp’s holdings in Avantis U.S. Equity ETF were worth $222,293,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also modified their holdings of the company. Endeavor Private Wealth Inc. raised its holdings in Avantis U.S. Equity ETF by 7.2% in the 3rd quarter. Endeavor Private Wealth Inc. now owns 87,451 shares of the company’s stock worth $11,202,000 after acquiring an additional 5,866 shares during the period. Valued Wealth Advisors LLC boosted its holdings in Avantis U.S. Equity ETF by 0.6% during the third quarter. Valued Wealth Advisors LLC now owns 50,563 shares of the company’s stock valued at $6,477,000 after acquiring an additional 293 shares during the period. Prospect Financial Group LLC boosted its holdings in Avantis U.S. Equity ETF by 4.4% during the third quarter. Prospect Financial Group LLC now owns 13,812 shares of the company’s stock valued at $1,769,000 after acquiring an additional 578 shares during the period. Moneco Advisors LLC bought a new stake in Avantis U.S. Equity ETF during the third quarter valued at about $431,000. Finally, Cornerstone Wealth Management LLC acquired a new stake in shares of Avantis U.S. Equity ETF in the third quarter valued at about $18,736,000.

Avantis U.S. Equity ETF Stock Performance

Shares of NYSEARCA:AVUS opened at $128.62 on Thursday. The stock’s 50-day moving average is $129.09 and its 200-day moving average is $123.99. The company has a market cap of $14.79 billion, a P/E ratio of 19.41 and a beta of 1.00. Avantis U.S. Equity ETF has a 52-week low of $105.72 and a 52-week high of $132.81.

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.