Ameritas Advisory Services LLC Cuts Stock Position in Avantis U.S. Equity ETF (NYSEARCA:AVUS)

Ameritas Advisory Services LLC cut its holdings in Avantis U.S. Equity ETF (NYSEARCA:AVUS) by 47.0% in the first quarter, HoldingsChannel reports. The firm owned 4,045 shares of the company’s stock after selling 3,589 shares during the quarter. Ameritas Advisory Services LLC’s holdings in Avantis U.S. Equity ETF were worth $388,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently modified their holdings of AVUS. American Century Companies Inc. boosted its stake in Avantis U.S. Equity ETF by 4.0% during the fourth quarter. American Century Companies Inc. now owns 3,229,740 shares of the company’s stock worth $313,059,000 after buying an additional 124,726 shares during the period. Oak Root LLC boosted its stake in shares of Avantis U.S. Equity ETF by 0.4% during the 1st quarter. Oak Root LLC now owns 3,049,727 shares of the company’s stock worth $281,734,000 after purchasing an additional 13,125 shares during the period. Envestnet Asset Management Inc. boosted its stake in shares of Avantis U.S. Equity ETF by 1.5% during the 4th quarter. Envestnet Asset Management Inc. now owns 1,727,996 shares of the company’s stock worth $167,495,000 after purchasing an additional 25,687 shares during the period. Adero Partners LLC boosted its stake in shares of Avantis U.S. Equity ETF by 5.9% during the 1st quarter. Adero Partners LLC now owns 1,659,169 shares of the company’s stock worth $153,274,000 after purchasing an additional 91,967 shares during the period. Finally, LPL Financial LLC boosted its stake in shares of Avantis U.S. Equity ETF by 6.0% during the 4th quarter. LPL Financial LLC now owns 1,422,531 shares of the company’s stock worth $137,886,000 after purchasing an additional 80,265 shares during the period.

Avantis U.S. Equity ETF Trading Up 0.7%

AVUS stock opened at $102.53 on Friday. Avantis U.S. Equity ETF has a 12 month low of $79.20 and a 12 month high of $102.69. The company has a 50-day moving average price of $96.44 and a 200 day moving average price of $95.72. The stock has a market cap of $8.54 billion, a PE ratio of 20.35 and a beta of 1.05.

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.