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

Private Advisor Group LLC decreased its holdings in shares of Avantis U.S. Equity ETF (NYSEARCA:AVUS) by 22.6% in the 1st quarter, HoldingsChannel reports. The firm owned 56,011 shares of the company’s stock after selling 16,351 shares during the period. Private Advisor Group LLC’s holdings in Avantis U.S. Equity ETF were worth $6,227,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Align Financial LLC acquired a new position in shares of Avantis U.S. Equity ETF in the fourth quarter valued at $4,024,752,000. Maseco LLP acquired a new stake in shares of Avantis U.S. Equity ETF during the 1st quarter worth about $259,864,000. Financial Plan Inc. acquired a new stake in shares of Avantis U.S. Equity ETF during the 4th quarter worth about $149,298,000. Northwestern Mutual Wealth Management Co. boosted its holdings 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 worth $195,709,000 after buying an additional 1,036,918 shares during the period. Finally, Mercer Global Advisors Inc. ADV boosted its holdings in shares of Avantis U.S. Equity ETF by 181.2% during the 3rd quarter. Mercer Global Advisors Inc. ADV now owns 1,134,255 shares of the company’s stock worth $123,293,000 after buying an additional 730,960 shares during the period.

Avantis U.S. Equity ETF Stock Performance

AVUS traded down $0.73 on Tuesday, reaching $127.20. The company had a trading volume of 26,797 shares, compared to its average volume of 327,855. Avantis U.S. Equity ETF has a fifty-two week low of $100.71 and a fifty-two week high of $128.86. The stock has a market cap of $13.72 billion, a P/E ratio of 20.35 and a beta of 0.99. The company’s fifty day moving average is $125.55 and its 200 day moving average is $118.42.

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.