Sage Rhino Capital LLC Has $8.43 Million Position in Avantis U.S. Equity ETF $AVUS

Sage Rhino Capital LLC lowered its holdings in Avantis U.S. Equity ETF (NYSEARCA:AVUS) by 18.7% during the second quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 83,621 shares of the company’s stock after selling 19,278 shares during the quarter. Avantis U.S. Equity ETF comprises about 1.8% of Sage Rhino Capital LLC’s investment portfolio, making the stock its 13th largest position. Sage Rhino Capital LLC owned 0.10% of Avantis U.S. Equity ETF worth $8,431,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently bought and sold shares of the company. Assetmark Inc. acquired a new position in Avantis U.S. Equity ETF in the first quarter worth $25,000. Iron Horse Wealth Management LLC acquired a new position in Avantis U.S. Equity ETF in the first quarter worth $27,000. Mattson Financial Services LLC acquired a new position in Avantis U.S. Equity ETF in the first quarter worth $107,000. JFS Wealth Advisors LLC acquired a new position in Avantis U.S. Equity ETF in the first quarter worth $127,000. Finally, AE Wealth Management LLC boosted its stake in Avantis U.S. Equity ETF by 9.8% in the first 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 Stock Performance

Avantis U.S. Equity ETF stock opened at $108.39 on Friday. The firm has a market cap of $9.52 billion, a P/E ratio of 20.35 and a beta of 1.05. The business’s fifty day moving average is $105.55 and its two-hundred day moving average is $98.43. Avantis U.S. Equity ETF has a 52 week low of $79.20 and a 52 week high of $109.30.

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.