Commonwealth Equity Services LLC Sells 20,090 Shares of Avantis U.S. Equity ETF (NYSEARCA:AVUS)

Commonwealth Equity Services LLC lessened its stake in shares of Avantis U.S. Equity ETF (NYSEARCA:AVUS) by 5.1% in the second quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 375,488 shares of the company’s stock after selling 20,090 shares during the quarter. Commonwealth Equity Services LLC’s holdings in Avantis U.S. Equity ETF were worth $33,865,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently made changes to their positions in AVUS. Annex Advisory Services LLC boosted its holdings in shares of Avantis U.S. Equity ETF by 4.8% during the second quarter. Annex Advisory Services LLC now owns 2,714,281 shares of the company’s stock worth $244,801,000 after purchasing an additional 125,092 shares during the period. Allworth Financial LP lifted its holdings in Avantis U.S. Equity ETF by 1.8% in the 1st quarter. Allworth Financial LP now owns 2,246,289 shares of the company’s stock worth $201,043,000 after buying an additional 39,372 shares during the period. Pacific Life Fund Advisors LLC lifted its holdings in Avantis U.S. Equity ETF by 1.1% in the 4th quarter. Pacific Life Fund Advisors LLC now owns 1,480,286 shares of the company’s stock worth $120,717,000 after buying an additional 15,771 shares during the period. Adero Partners LLC lifted its holdings in Avantis U.S. Equity ETF by 4.3% in the 2nd quarter. Adero Partners LLC now owns 1,390,802 shares of the company’s stock worth $125,436,000 after buying an additional 57,385 shares during the period. Finally, Envestnet Asset Management Inc. lifted its holdings in Avantis U.S. Equity ETF by 13.5% in the 4th quarter. Envestnet Asset Management Inc. now owns 1,354,623 shares of the company’s stock worth $110,470,000 after buying an additional 160,900 shares during the period.

Avantis U.S. Equity ETF Stock Performance

NYSEARCA AVUS opened at $93.87 on Friday. Avantis U.S. Equity ETF has a fifty-two week low of $69.57 and a fifty-two week high of $94.50. The stock has a 50 day simple moving average of $91.22 and a two-hundred day simple moving average of $88.95. The stock has a market cap of $6.77 billion, a P/E ratio of 17.22 and a beta of 1.00.

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.