Red Lighthouse Investment Management LLC Decreases Position in Avantis U.S. Equity ETF (NYSEARCA:AVUS)

Red Lighthouse Investment Management LLC cut its stake in shares of Avantis U.S. Equity ETF (NYSEARCA:AVUS) by 0.0% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 424,607 shares of the company’s stock after selling 211 shares during the quarter. Avantis U.S. Equity ETF makes up approximately 16.3% of Red Lighthouse Investment Management LLC’s holdings, making the stock its biggest position. Red Lighthouse Investment Management LLC’s holdings in Avantis U.S. Equity ETF were worth $41,157,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Atria Investments Inc purchased a new position in Avantis U.S. Equity ETF during the third quarter valued at approximately $216,000. Leo Wealth LLC raised its position in shares of Avantis U.S. Equity ETF by 5.7% during the 4th quarter. Leo Wealth LLC now owns 443,635 shares of the company’s stock valued at $43,000,000 after purchasing an additional 23,922 shares during the period. Global Retirement Partners LLC lifted its stake in shares of Avantis U.S. Equity ETF by 165.6% during the 4th quarter. Global Retirement Partners LLC now owns 648 shares of the company’s stock valued at $63,000 after buying an additional 404 shares in the last quarter. Fonville Wealth Management LLC boosted its holdings in Avantis U.S. Equity ETF by 7.6% in the 4th quarter. Fonville Wealth Management LLC now owns 95,246 shares of the company’s stock worth $9,232,000 after buying an additional 6,703 shares during the period. Finally, Bank of New York Mellon Corp increased its stake in Avantis U.S. Equity ETF by 12.7% in the 4th quarter. Bank of New York Mellon Corp now owns 477,594 shares of the company’s stock worth $46,293,000 after buying an additional 53,763 shares in the last quarter.

Avantis U.S. Equity ETF Stock Up 0.5 %

NYSEARCA:AVUS opened at $94.83 on Friday. The business’s 50-day simple moving average is $98.94 and its two-hundred day simple moving average is $97.40. Avantis U.S. Equity ETF has a 52 week low of $84.26 and a 52 week high of $102.23. The stock has a market cap of $7.75 billion, a PE ratio of 21.19 and a beta of 1.06.

About Avantis U.S. Equity ETF

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.