Avantis U.S. Equity ETF $AVUS Stake Lowered by WorthPointe LLC

WorthPointe LLC trimmed its holdings in shares of Avantis U.S. Equity ETF (NYSEARCA:AVUS) by 1.1% during the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 257,110 shares of the company’s stock after selling 2,868 shares during the period. Avantis U.S. Equity ETF comprises about 10.9% of WorthPointe LLC’s portfolio, making the stock its 2nd largest position. WorthPointe LLC owned approximately 0.29% of Avantis U.S. Equity ETF worth $25,922,000 at the end of the most recent quarter.

Other large investors have also modified their holdings of the company. Bridgewater Advisors Inc. increased its holdings in Avantis U.S. Equity ETF by 3.9% during the second quarter. Bridgewater Advisors Inc. now owns 596,319 shares of the company’s stock valued at $61,886,000 after buying an additional 22,612 shares during the period. Bank of New York Mellon Corp boosted its position in Avantis U.S. Equity ETF by 6.5% during the 2nd quarter. Bank of New York Mellon Corp now owns 574,539 shares of the company’s stock valued at $57,925,000 after acquiring an additional 35,161 shares in the last quarter. Hutchens & Kramer Investment Management Group LLC increased its holdings in shares of Avantis U.S. Equity ETF by 80.5% in the 2nd quarter. Hutchens & Kramer Investment Management Group LLC now owns 137,710 shares of the company’s stock valued at $13,936,000 after acquiring an additional 61,399 shares during the period. Strategic Financial Concepts LLC raised its position in shares of Avantis U.S. Equity ETF by 6.5% in the 2nd quarter. Strategic Financial Concepts LLC now owns 263,783 shares of the company’s stock worth $26,595,000 after acquiring an additional 16,169 shares in the last quarter. Finally, Avant Financial Advisors LLC raised its position in shares of Avantis U.S. Equity ETF by 11.3% in the 2nd quarter. Avant Financial Advisors LLC now owns 12,275 shares of the company’s stock worth $1,238,000 after acquiring an additional 1,248 shares in the last quarter.

Avantis U.S. Equity ETF Stock Performance

Shares of Avantis U.S. Equity ETF stock opened at $110.47 on Tuesday. The company has a market capitalization of $10.06 billion, a PE ratio of 20.35 and a beta of 1.02. The company has a 50-day simple moving average of $108.23 and a two-hundred day simple moving average of $102.08. Avantis U.S. Equity ETF has a one year low of $79.20 and a one year high of $111.62.

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.