AlphaCore Capital LLC Sells 9,808 Shares of Avantis U.S. Equity ETF $AVUS

AlphaCore Capital LLC lowered its stake in shares of Avantis U.S. Equity ETF (NYSEARCA:AVUS) by 15.4% during the 4th quarter, Holdings Channel.com reports. The fund owned 53,850 shares of the company’s stock after selling 9,808 shares during the quarter. AlphaCore Capital LLC’s holdings in Avantis U.S. Equity ETF were worth $6,019,000 as of its most recent filing with the SEC.

Several other hedge funds and other institutional investors have also bought and sold shares of the stock. HB Wealth Management LLC increased its position in shares of Avantis U.S. Equity ETF by 10.2% during the 4th quarter. HB Wealth Management LLC now owns 5,248,830 shares of the company’s stock valued at $586,714,000 after purchasing an additional 486,787 shares during the last quarter. American Century Companies Inc. increased its position in shares of Avantis U.S. Equity ETF by 2.8% during the 3rd quarter. American Century Companies Inc. now owns 3,571,038 shares of the company’s stock valued at $388,172,000 after purchasing an additional 96,975 shares during the last quarter. Northwestern Mutual Wealth Management Co. increased its position in shares of Avantis U.S. Equity ETF by 145.2% during the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 1,750,845 shares of the company’s stock valued at $195,709,000 after purchasing an additional 1,036,918 shares during the last quarter. HighTower Advisors LLC increased its position in shares of Avantis U.S. Equity ETF by 1.3% during the 3rd quarter. HighTower Advisors LLC now owns 1,659,090 shares of the company’s stock valued at $180,347,000 after purchasing an additional 21,152 shares during the last quarter. Finally, Financial Plan Inc. purchased a new stake in shares of Avantis U.S. Equity ETF during the 4th quarter valued at about $149,298,000.

Avantis U.S. Equity ETF Stock Down 1.2%

NYSEARCA AVUS opened at $124.39 on Friday. Avantis U.S. Equity ETF has a 52 week low of $94.17 and a 52 week high of $126.16. The firm has a market capitalization of $12.43 billion, a P/E ratio of 20.35 and a beta of 0.99. The company has a 50-day moving average price of $116.73 and a 200-day moving average price of $114.38.

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.