Avantis U.S. Equity ETF $AVUS Shares Sold by Focus Partners Advisor Solutions LLC

Focus Partners Advisor Solutions LLC reduced its stake in shares of Avantis U.S. Equity ETF (NYSEARCA:AVUS) by 0.7% in the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 309,020 shares of the company’s stock after selling 2,289 shares during the quarter. Focus Partners Advisor Solutions LLC’s holdings in Avantis U.S. Equity ETF were worth $31,155,000 at the end of the most recent reporting period.

A number of other large investors also recently bought and sold shares of AVUS. HB Wealth Management LLC increased its holdings in shares of Avantis U.S. Equity ETF by 218.1% during the 2nd quarter. HB Wealth Management LLC now owns 3,735,407 shares of the company’s stock valued at $376,603,000 after purchasing an additional 2,561,165 shares in the last quarter. Maseco LLP acquired a new stake in Avantis U.S. Equity ETF during the second quarter valued at $211,002,000. LPL Financial LLC grew its position in Avantis U.S. Equity ETF by 51.1% during the first quarter. LPL Financial LLC now owns 2,149,684 shares of the company’s stock valued at $198,588,000 after buying an additional 727,153 shares during the period. Simplicity Wealth LLC increased its holdings in Avantis U.S. Equity ETF by 111.9% in the second quarter. Simplicity Wealth LLC now owns 1,359,030 shares of the company’s stock valued at $137,017,000 after buying an additional 717,634 shares in the last quarter. Finally, Commonwealth Equity Services LLC raised its position in shares of Avantis U.S. Equity ETF by 151.9% in the first quarter. Commonwealth Equity Services LLC now owns 1,076,711 shares of the company’s stock worth $99,467,000 after acquiring an additional 649,341 shares during the period.

Avantis U.S. Equity ETF Stock Up 0.8%

AVUS stock opened at $110.04 on Friday. Avantis U.S. Equity ETF has a 52-week low of $79.20 and a 52-week high of $110.34. The firm has a market cap of $9.96 billion, a P/E ratio of 20.35 and a beta of 1.05. The company’s 50-day simple moving average is $107.54 and its 200-day simple moving average is $100.77.

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.