Kwmg LLC Sells 1,559 Shares of Avantis U.S. Equity ETF (NYSEARCA:AVUS)

Kwmg LLC lowered its stake in shares of Avantis U.S. Equity ETF (NYSEARCA:AVUS) by 1.3% during the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 115,186 shares of the company’s stock after selling 1,559 shares during the period. Avantis U.S. Equity ETF accounts for 1.2% of Kwmg LLC’s holdings, making the stock its 26th biggest position. Kwmg LLC owned about 0.16% of Avantis U.S. Equity ETF worth $11,165,000 as of its most recent filing with the Securities & Exchange Commission.

Several other large investors also recently made changes to their positions in the stock. National Bank of Canada FI bought a new position in Avantis U.S. Equity ETF during the second quarter worth about $25,000. Envestnet Asset Management Inc. boosted its position in Avantis U.S. Equity ETF by 6.8% during the second quarter. Envestnet Asset Management Inc. now owns 1,632,278 shares of the company’s stock worth $147,215,000 after purchasing an additional 104,125 shares during the period. Axxcess Wealth Management LLC increased its holdings in shares of Avantis U.S. Equity ETF by 90.4% in the second quarter. Axxcess Wealth Management LLC now owns 22,671 shares of the company’s stock valued at $2,045,000 after purchasing an additional 10,765 shares during the last quarter. Legacy Financial Group Inc. raised its position in shares of Avantis U.S. Equity ETF by 7.1% in the second quarter. Legacy Financial Group Inc. now owns 216,629 shares of the company’s stock valued at $19,538,000 after purchasing an additional 14,313 shares during the period. Finally, WCG Wealth Advisors LLC lifted its stake in shares of Avantis U.S. Equity ETF by 2.6% during the 2nd quarter. WCG Wealth Advisors LLC now owns 341,406 shares of the company’s stock worth $30,791,000 after buying an additional 8,634 shares during the last quarter.

Avantis U.S. Equity ETF Stock Performance

Shares of AVUS stock traded up $0.31 during midday trading on Monday, hitting $96.67. 348,942 shares of the company were exchanged, compared to its average volume of 378,921. Avantis U.S. Equity ETF has a 52 week low of $79.55 and a 52 week high of $102.23. The firm has a market capitalization of $6.97 billion, a P/E ratio of 17.22 and a beta of 1.00. The firm’s 50 day moving average price is $99.29 and its two-hundred day moving average price is $95.11.

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.