Cornerstone Capital Inc. Decreases Stake in Avantis U.S. Equity ETF (NYSEARCA:AVUS)

Cornerstone Capital Inc. cut its stake in Avantis U.S. Equity ETF (NYSEARCA:AVUS) by 26.9% during the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 10,185 shares of the company’s stock after selling 3,754 shares during the quarter. Cornerstone Capital Inc.’s holdings in Avantis U.S. Equity ETF were worth $969,000 at the end of the most recent quarter.

Other hedge funds have also modified their holdings of the company. Silverlake Wealth Management LLC boosted its stake in shares of Avantis U.S. Equity ETF by 0.4% during the 3rd quarter. Silverlake Wealth Management LLC now owns 30,319 shares of the company’s stock valued at $2,885,000 after buying an additional 106 shares during the last quarter. PrairieView Partners LLC increased its stake in shares of Avantis U.S. Equity ETF by 1.6% in the second quarter. PrairieView Partners LLC now owns 8,708 shares of the company’s stock valued at $785,000 after purchasing an additional 138 shares during the period. Waterfront Wealth Inc. increased its position in Avantis U.S. Equity ETF by 1.0% in the 2nd quarter. Waterfront Wealth Inc. now owns 14,471 shares of the company’s stock valued at $1,305,000 after acquiring an additional 150 shares during the period. Tranquility Partners LLC lifted its holdings in Avantis U.S. Equity ETF by 3.9% in the second quarter. Tranquility Partners LLC now owns 4,268 shares of the company’s stock worth $385,000 after purchasing an additional 161 shares during the period. Finally, Capital Group Private Client Services Inc. boosted its holdings in shares of Avantis U.S. Equity ETF by 0.3% in the first quarter. Capital Group Private Client Services Inc. now owns 56,331 shares of the company’s stock valued at $5,042,000 after acquiring an additional 166 shares in the last quarter.

Avantis U.S. Equity ETF Price Performance

Shares of NYSEARCA AVUS traded up $0.80 during mid-day trading on Tuesday, reaching $95.55. 34,508 shares of the company traded hands, compared to its average volume of 249,793. Avantis U.S. Equity ETF has a fifty-two week low of $72.86 and a fifty-two week high of $97.51. The firm has a market cap of $6.89 billion, a PE ratio of 17.22 and a beta of 1.00. The stock has a fifty day simple moving average of $94.38 and a 200-day simple moving average of $91.40.

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.