Commonwealth Equity Services LLC Sells 16,883 Shares of Avantis U.S. Equity ETF $AVUS

Commonwealth Equity Services LLC cut its holdings in Avantis U.S. Equity ETF (NYSEARCA:AVUS) by 1.5% during the 3rd quarter, according to its most recent disclosure with the SEC. The institutional investor owned 1,095,810 shares of the company’s stock after selling 16,883 shares during the period. Commonwealth Equity Services LLC owned approximately 1.21% of Avantis U.S. Equity ETF worth $119,115,000 as of its most recent filing with the SEC.

Several other hedge funds and other institutional investors have also bought and sold shares of AVUS. Harbor Asset Planning Inc. acquired a new position in shares of Avantis U.S. Equity ETF during the 2nd quarter worth approximately $29,000. EverSource Wealth Advisors LLC grew 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 buying an additional 208 shares in the last quarter. Promus Capital LLC acquired a new stake in Avantis U.S. Equity ETF during the second quarter worth approximately $48,000. Trust Co. of Vermont bought a new position in Avantis U.S. Equity ETF during the 3rd quarter worth $51,000. Finally, Asset Dedication LLC raised its holdings in Avantis U.S. Equity ETF by 67.7% in the 2nd quarter. Asset Dedication LLC now owns 845 shares of the company’s stock valued at $85,000 after acquiring an additional 341 shares in the last quarter.

Avantis U.S. Equity ETF Stock Performance

NYSEARCA:AVUS opened at $112.55 on Monday. The company has a market cap of $10.55 billion, a price-to-earnings ratio of 20.35 and a beta of 1.02. Avantis U.S. Equity ETF has a fifty-two week low of $79.20 and a fifty-two week high of $113.46. The stock has a fifty day moving average price of $110.85 and a 200-day moving average price of $107.14.

Avantis U.S. Equity ETF 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.