Avestar Capital LLC Cuts Position in Avantis U.S. Equity ETF (NYSEARCA:AVUS)

Avestar Capital LLC decreased its holdings in Avantis U.S. Equity ETF (NYSEARCA:AVUS) by 2.1% in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 9,173 shares of the company’s stock after selling 197 shares during the quarter. Avestar Capital LLC’s holdings in Avantis U.S. Equity ETF were worth $889,000 at the end of the most recent reporting period.

A number of other hedge funds also recently bought and sold shares of AVUS. Raymond James & Associates raised its stake in shares of Avantis U.S. Equity ETF by 11.4% during the 3rd quarter. Raymond James & Associates now owns 233,493 shares of the company’s stock worth $22,217,000 after buying an additional 23,986 shares during the period. Atria Investments Inc purchased a new stake in Avantis U.S. Equity ETF in the 3rd quarter worth $216,000. Leo Wealth LLC increased its holdings in Avantis U.S. Equity ETF by 5.7% in the 4th quarter. Leo Wealth LLC now owns 443,635 shares of the company’s stock worth $43,000,000 after acquiring an additional 23,922 shares in the last quarter. Truist Financial Corp raised its position in Avantis U.S. Equity ETF by 85.5% during the second quarter. Truist Financial Corp now owns 5,399 shares of the company’s stock worth $487,000 after acquiring an additional 2,489 shares during the period. Finally, Foundations Investment Advisors LLC lifted its holdings in Avantis U.S. Equity ETF by 55.6% during the third quarter. Foundations Investment Advisors LLC now owns 121,229 shares of the company’s stock valued at $11,535,000 after purchasing an additional 43,317 shares in the last quarter.

Avantis U.S. Equity ETF Stock Up 1.0 %

Shares of NYSEARCA AVUS opened at $100.95 on Friday. The firm has a market cap of $7.28 billion, a price-to-earnings ratio of 17.22 and a beta of 1.00. The company’s 50-day simple moving average is $99.33 and its 200-day simple moving average is $96.44. Avantis U.S. Equity ETF has a 52-week low of $83.45 and a 52-week high of $102.23.

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.