Annapolis Financial Services LLC Reduces Stock Position in Avantis U.S. Equity ETF (NYSEARCA:AVUS)

Annapolis Financial Services LLC lowered its stake in shares of Avantis U.S. Equity ETF (NYSEARCA:AVUS) by 92.0% during the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 4,992 shares of the company’s stock after selling 57,142 shares during the period. Annapolis Financial Services LLC’s holdings in Avantis U.S. Equity ETF were worth $447,000 at the end of the most recent reporting period.

Several other institutional investors have also recently made changes to their positions in the stock. Magnus Financial Group LLC lifted its position in shares of Avantis U.S. Equity ETF by 0.4% during the fourth quarter. Magnus Financial Group LLC now owns 28,066 shares of the company’s stock worth $2,289,000 after acquiring an additional 122 shares in the last quarter. Capital Performance Advisors LLP lifted its position in shares of Avantis U.S. Equity ETF by 0.7% during the fourth quarter. Capital Performance Advisors LLP now owns 20,477 shares of the company’s stock worth $1,670,000 after acquiring an additional 147 shares in the last quarter. Belpointe Asset Management LLC lifted its position in shares of Avantis U.S. Equity ETF by 1.8% during the third quarter. Belpointe Asset Management LLC now owns 8,629 shares of the company’s stock worth $632,000 after acquiring an additional 156 shares in the last quarter. Wealthcare Advisory Partners LLC raised its position in shares of Avantis U.S. Equity ETF by 1.0% in the first quarter. Wealthcare Advisory Partners LLC now owns 16,549 shares of the company’s stock worth $1,481,000 after buying an additional 156 shares in the last quarter. Finally, Evanson Asset Management LLC raised its position in shares of Avantis U.S. Equity ETF by 2.2% in the fourth quarter. Evanson Asset Management LLC now owns 8,290 shares of the company’s stock worth $676,000 after buying an additional 177 shares in the last quarter.

Avantis U.S. Equity ETF Stock Down 0.1 %

Shares of AVUS stock traded down $0.13 on Friday, reaching $90.19. The company’s stock had a trading volume of 174,479 shares, compared to its average volume of 246,768. Avantis U.S. Equity ETF has a 12-month low of $69.57 and a 12-month high of $91.03. The company has a market capitalization of $6.50 billion, a P/E ratio of 17.22 and a beta of 1.00. The stock’s 50 day simple moving average is $88.76 and its 200-day simple moving average is $85.95.

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.