Signet Financial Management LLC Sells 1,862 Shares of Avantis U.S. Equity ETF $AVUS

Signet Financial Management LLC cut its holdings in shares of Avantis U.S. Equity ETF (NYSEARCA:AVUS) by 21.4% during the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 6,857 shares of the company’s stock after selling 1,862 shares during the quarter. Signet Financial Management LLC’s holdings in Avantis U.S. Equity ETF were worth $691,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in AVUS. Maseco LLP bought a new stake in Avantis U.S. Equity ETF during the 2nd quarter worth about $211,002,000. HB Wealth Management LLC lifted its position in Avantis U.S. Equity ETF by 2,108.4% during the 1st quarter. HB Wealth Management LLC now owns 1,174,242 shares of the company’s stock worth $108,476,000 after buying an additional 1,121,070 shares in the last quarter. LPL Financial LLC lifted its position in Avantis U.S. Equity ETF by 51.1% during the 1st quarter. LPL Financial LLC now owns 2,149,684 shares of the company’s stock worth $198,588,000 after buying an additional 727,153 shares in the last quarter. Commonwealth Equity Services LLC lifted its position in Avantis U.S. Equity ETF by 151.9% during the 1st quarter. Commonwealth Equity Services LLC now owns 1,076,711 shares of the company’s stock worth $99,467,000 after buying an additional 649,341 shares in the last quarter. Finally, Simplicity Wealth LLC bought a new stake in Avantis U.S. Equity ETF during the 1st quarter worth about $59,252,000.

Avantis U.S. Equity ETF Price Performance

Shares of NYSEARCA:AVUS opened at $107.61 on Friday. The company’s 50-day moving average price is $105.43 and its two-hundred day moving average price is $98.27. Avantis U.S. Equity ETF has a one year low of $79.20 and a one year high of $109.30. The stock has a market capitalization of $9.45 billion, a PE ratio of 20.35 and a beta of 1.05.

Avantis U.S. Equity ETF 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.