Ariadne Wealth Management LP Sells 1,711 Shares of Avantis U.S. Equity ETF (NYSEARCA:AVUS)

Ariadne Wealth Management LP decreased its holdings in Avantis U.S. Equity ETF (NYSEARCA:AVUS) by 2.5% in the 4th quarter, Holdings Channel.com reports. The firm owned 66,808 shares of the company’s stock after selling 1,711 shares during the period. Avantis U.S. Equity ETF comprises 3.1% of Ariadne Wealth Management LP’s holdings, making the stock its 5th biggest position. Ariadne Wealth Management LP’s holdings in Avantis U.S. Equity ETF were worth $6,710,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors and hedge funds have also recently made changes to their positions in AVUS. Global Retirement Partners LLC grew its holdings 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 purchasing an additional 404 shares during the last quarter. Blue Trust Inc. raised its stake in Avantis U.S. Equity ETF by 128.5% during the fourth quarter. Blue Trust Inc. now owns 697 shares of the company’s stock worth $68,000 after buying an additional 392 shares during the last quarter. Life Planning Partners Inc boosted its position in shares of Avantis U.S. Equity ETF by 9,594.1% during the 4th quarter. Life Planning Partners Inc now owns 953,900 shares of the company’s stock valued at $92,000 after purchasing an additional 944,060 shares in the last quarter. Global Wealth Strategies & Associates acquired a new stake in shares of Avantis U.S. Equity ETF during the 4th quarter worth approximately $97,000. Finally, EverSource Wealth Advisors LLC increased its stake in shares of Avantis U.S. Equity ETF by 11.3% in the 4th quarter. EverSource Wealth Advisors LLC now owns 1,515 shares of the company’s stock valued at $147,000 after acquiring an additional 154 shares in the last quarter.

Avantis U.S. Equity ETF Price Performance

AVUS stock opened at $95.26 on Tuesday. The company’s 50-day moving average is $97.97 and its 200-day moving average is $97.48. The stock has a market capitalization of $7.83 billion, a PE ratio of 20.02 and a beta of 1.06. Avantis U.S. Equity ETF has a 1 year low of $84.26 and a 1 year 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.