Avantis U.S. Equity ETF $AVUS is Oak Root LLC’s Largest Position

Oak Root LLC trimmed its holdings in Avantis U.S. Equity ETF (NYSEARCA:AVUS) by 4.2% in the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 2,905,949 shares of the company’s stock after selling 126,756 shares during the period. Avantis U.S. Equity ETF accounts for about 39.3% of Oak Root LLC’s holdings, making the stock its biggest holding. Oak Root LLC owned 3.08% of Avantis U.S. Equity ETF worth $324,827,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently modified their holdings of AVUS. EverSource Wealth Advisors LLC boosted its position in Avantis U.S. Equity ETF by 138.7% during the second quarter. EverSource Wealth Advisors LLC now owns 358 shares of the company’s stock worth $36,000 after acquiring an additional 208 shares during the last quarter. Parkside Financial Bank & Trust raised its holdings in Avantis U.S. Equity ETF by 151.0% in the 3rd quarter. Parkside Financial Bank & Trust now owns 394 shares of the company’s stock valued at $43,000 after acquiring an additional 237 shares during the last quarter. Trust Co. of Vermont acquired a new stake in Avantis U.S. Equity ETF in the 3rd quarter valued at about $51,000. Promus Capital LLC purchased a new position in Avantis U.S. Equity ETF in the 2nd quarter worth approximately $48,000. Finally, Assetmark Inc. lifted its stake in Avantis U.S. Equity ETF by 116.0% in the 3rd quarter. Assetmark Inc. now owns 579 shares of the company’s stock worth $63,000 after purchasing an additional 311 shares in the last quarter.

Avantis U.S. Equity ETF Price Performance

Shares of Avantis U.S. Equity ETF stock opened at $112.00 on Friday. The stock’s 50 day simple moving average is $114.45 and its 200-day simple moving average is $111.98. The stock has a market cap of $10.71 billion, a P/E ratio of 20.35 and a beta of 1.02. Avantis U.S. Equity ETF has a 1-year low of $79.20 and a 1-year high of $118.27.

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.