Acorn Financial Advisory Services Inc. ADV Has $16.52 Million Position in Avantis U.S. Equity ETF $AVUS

Acorn Financial Advisory Services Inc. ADV cut its position in Avantis U.S. Equity ETF (NYSEARCA:AVUSFree Report) by 2.5% in the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 163,881 shares of the company’s stock after selling 4,273 shares during the quarter. Avantis U.S. Equity ETF accounts for about 2.7% of Acorn Financial Advisory Services Inc. ADV’s portfolio, making the stock its 12th largest holding. Acorn Financial Advisory Services Inc. ADV owned about 0.19% of Avantis U.S. Equity ETF worth $16,522,000 at the end of the most recent reporting period.

Other institutional investors have also added to or reduced their stakes in the company. Assetmark Inc. acquired a new position in Avantis U.S. Equity ETF during the first quarter valued at approximately $25,000. Iron Horse Wealth Management LLC acquired a new position in Avantis U.S. Equity ETF during the first quarter worth about $27,000. Mattson Financial Services LLC acquired a new position in Avantis U.S. Equity ETF during the first quarter worth about $107,000. JFS Wealth Advisors LLC acquired a new position in Avantis U.S. Equity ETF during the 1st quarter worth approximately $127,000. Finally, AE Wealth Management LLC increased its position in Avantis U.S. Equity ETF by 9.8% during the 1st quarter. AE Wealth Management LLC now owns 1,643 shares of the company’s stock worth $152,000 after purchasing an additional 146 shares in the last quarter.

Avantis U.S. Equity ETF Price Performance

AVUS stock opened at $107.64 on Tuesday. The company has a 50 day simple moving average of $106.73 and a 200 day simple moving average of $99.64. The stock has a market cap of $9.71 billion, a price-to-earnings ratio of 20.35 and a beta of 1.05. Avantis U.S. Equity ETF has a 1 year low of $79.20 and a 1 year high of $109.75.

Avantis U.S. Equity ETF Company Profile

(Free Report)

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.

See Also

Institutional Ownership by Quarter for Avantis U.S. Equity ETF (NYSEARCA:AVUS)

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