Avantis U.S. Equity ETF $AVUS Shares Acquired by Morling Financial Advisors LLC

Morling Financial Advisors LLC increased its holdings in shares of Avantis U.S. Equity ETF (NYSEARCA:AVUS) by 1.8% in the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 55,031 shares of the company’s stock after purchasing an additional 953 shares during the period. Avantis U.S. Equity ETF accounts for 1.8% of Morling Financial Advisors LLC’s investment portfolio, making the stock its 14th largest holding. Morling Financial Advisors LLC owned 0.06% of Avantis U.S. Equity ETF worth $5,548,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently bought and sold shares of the company. HB Wealth Management LLC raised its holdings in shares of Avantis U.S. Equity ETF by 218.1% in the second quarter. HB Wealth Management LLC now owns 3,735,407 shares of the company’s stock valued at $376,603,000 after buying an additional 2,561,165 shares during the last quarter. Maseco LLP acquired a new position in Avantis U.S. Equity ETF in the 2nd quarter valued at about $211,002,000. LPL Financial LLC raised its stake in Avantis U.S. Equity ETF by 51.1% during the 1st quarter. LPL Financial LLC now owns 2,149,684 shares of the company’s stock valued at $198,588,000 after acquiring an additional 727,153 shares during the last quarter. Simplicity Wealth LLC raised its stake in Avantis U.S. Equity ETF by 111.9% during the 2nd quarter. Simplicity Wealth LLC now owns 1,359,030 shares of the company’s stock valued at $137,017,000 after acquiring an additional 717,634 shares during the last quarter. Finally, Commonwealth Equity Services LLC lifted its position in Avantis U.S. Equity ETF by 151.9% during the 1st 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 Trading Down 0.5%

Shares of AVUS stock opened at $107.16 on Wednesday. The company has a market capitalization of $9.76 billion, a P/E ratio of 20.35 and a beta of 1.02. The business’s 50 day moving average is $108.89 and its two-hundred day moving average is $103.63. Avantis U.S. Equity ETF has a twelve month low of $79.20 and a twelve month high of $111.62.

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.