Avantis U.S. Equity ETF $AVUS Shares Sold by Red Lighthouse Investment Management LLC

Red Lighthouse Investment Management LLC lessened its holdings in shares of Avantis U.S. Equity ETF (NYSEARCA:AVUS) by 0.4% in the second quarter, Holdings Channel.com reports. The fund owned 426,097 shares of the company’s stock after selling 1,712 shares during the quarter. Avantis U.S. Equity ETF comprises 16.4% of Red Lighthouse Investment Management LLC’s holdings, making the stock its largest holding. Red Lighthouse Investment Management LLC’s holdings in Avantis U.S. Equity ETF were worth $42,959,000 as of its most recent filing with the SEC.

A number of other large investors have also made changes to their positions in AVUS. HB Wealth Management LLC increased its position in shares of Avantis U.S. Equity ETF by 218.1% in the 2nd quarter. HB Wealth Management LLC now owns 3,735,407 shares of the company’s stock valued at $376,603,000 after buying an additional 2,561,165 shares in the last quarter. Maseco LLP bought a new stake in shares of Avantis U.S. Equity ETF in the 2nd quarter valued at $211,002,000. LPL Financial LLC increased its position in shares of Avantis U.S. Equity ETF by 51.1% in the 1st quarter. LPL Financial LLC now owns 2,149,684 shares of the company’s stock valued at $198,588,000 after buying an additional 727,153 shares in the last quarter. Simplicity Wealth LLC increased its position in shares of Avantis U.S. Equity ETF by 111.9% in the 2nd quarter. Simplicity Wealth LLC now owns 1,359,030 shares of the company’s stock valued at $137,017,000 after buying an additional 717,634 shares in the last quarter. Finally, Commonwealth Equity Services LLC increased its position in shares of Avantis U.S. Equity ETF by 151.9% in the 1st quarter. Commonwealth Equity Services LLC now owns 1,076,711 shares of the company’s stock valued at $99,467,000 after buying an additional 649,341 shares in the last quarter.

Avantis U.S. Equity ETF Stock Up 0.8%

AVUS opened at $110.04 on Monday. Avantis U.S. Equity ETF has a 12 month low of $79.20 and a 12 month high of $110.34. The company has a fifty day simple moving average of $107.54 and a 200 day simple moving average of $100.99. The stock has a market cap of $9.96 billion, a P/E ratio of 20.35 and a beta of 1.05.

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.