Avantis U.S. Equity ETF (NYSEARCA:AVUS) Shares Sold by Websterrogers Financial Advisors LLC

Websterrogers Financial Advisors LLC cut its stake in shares of Avantis U.S. Equity ETF (NYSEARCA:AVUS) by 1.9% during the 1st quarter, Holdings Channel reports. The institutional investor owned 265,987 shares of the company’s stock after selling 5,227 shares during the quarter. Avantis U.S. Equity ETF comprises approximately 8.4% of Websterrogers Financial Advisors LLC’s investment portfolio, making the stock its largest holding. Websterrogers Financial Advisors LLC’s holdings in Avantis U.S. Equity ETF were worth $24,572,000 at the end of the most recent reporting period.

Other institutional investors have also recently made changes to their positions in the company. Strategic Financial Concepts LLC increased its position in shares of Avantis U.S. Equity ETF by 11,619.3% during the fourth quarter. Strategic Financial Concepts LLC now owns 19,954,274 shares of the company’s stock worth $21,023,000 after buying an additional 19,784,005 shares during the period. Life Planning Partners Inc grew its holdings in Avantis U.S. Equity ETF by 9,594.1% during the 4th quarter. Life Planning Partners Inc now owns 953,900 shares of the company’s stock worth $92,000 after acquiring an additional 944,060 shares during the period. Raymond James Financial Inc. acquired a new stake in Avantis U.S. Equity ETF during the 4th quarter worth about $52,872,000. Mercer Global Advisors Inc. ADV bought a new position in shares of Avantis U.S. Equity ETF in the 4th quarter worth about $42,724,000. Finally, Bank of America Corp DE lifted its stake in shares of Avantis U.S. Equity ETF by 260.4% in the 4th quarter. Bank of America Corp DE now owns 561,165 shares of the company’s stock valued at $54,394,000 after purchasing an additional 405,465 shares during the period.

Avantis U.S. Equity ETF Price Performance

Shares of Avantis U.S. Equity ETF stock opened at $96.11 on Monday. The stock’s 50-day moving average is $91.25 and its 200 day moving average is $95.99. Avantis U.S. Equity ETF has a one year low of $79.20 and a one year high of $102.23. The firm has a market cap of $8.20 billion, a price-to-earnings ratio of 20.78 and a beta of 1.03.

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.