Avantis U.S. Equity ETF $AVUS Shares Sold by Echo Wealth Management LLC

Echo Wealth Management LLC cut its position in Avantis U.S. Equity ETF (NYSEARCA:AVUS) by 14.7% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 80,561 shares of the company’s stock after selling 13,920 shares during the period. Avantis U.S. Equity ETF accounts for approximately 5.3% of Echo Wealth Management LLC’s investment portfolio, making the stock its 5th biggest holding. Echo Wealth Management LLC owned about 0.08% of Avantis U.S. Equity ETF worth $9,005,000 at the end of the most recent reporting period.

Several other large investors also recently made changes to their positions in AVUS. Great Point Wealth Advisors LLC acquired a new stake in shares of Avantis U.S. Equity ETF in the 3rd quarter valued at about $122,327,000. HB Wealth Management LLC lifted its position in Avantis U.S. Equity ETF by 27.5% in the 3rd quarter. HB Wealth Management LLC now owns 4,762,043 shares of the company’s stock valued at $517,634,000 after acquiring an additional 1,026,636 shares in the last quarter. Mercer Global Advisors Inc. ADV lifted its position in Avantis U.S. Equity ETF by 181.2% in the 3rd quarter. Mercer Global Advisors Inc. ADV now owns 1,134,255 shares of the company’s stock valued at $123,293,000 after acquiring an additional 730,960 shares in the last quarter. CPC Advisors LLC bought a new position in Avantis U.S. Equity ETF in the 3rd quarter valued at about $52,305,000. Finally, McLean Asset Management Corp lifted its position in Avantis U.S. Equity ETF by 214.0% in the 3rd quarter. McLean Asset Management Corp now owns 478,285 shares of the company’s stock valued at $52,329,000 after acquiring an additional 325,942 shares in the last quarter.

Avantis U.S. Equity ETF Stock Performance

Shares of NYSEARCA AVUS opened at $115.52 on Thursday. Avantis U.S. Equity ETF has a fifty-two week low of $80.66 and a fifty-two week high of $118.27. The stock has a market cap of $11.33 billion, a price-to-earnings ratio of 20.35 and a beta of 1.01. The firm’s 50-day simple moving average is $114.26 and its 200 day simple moving average is $112.14.

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.