Avantis U.S. Equity ETF $AVUS Stock Position Reduced by Forum Financial Management LP

Forum Financial Management LP decreased its position in Avantis U.S. Equity ETF (NYSEARCA:AVUS) by 19.2% in the 3rd quarter, Holdings Channel.com reports. The fund owned 35,636 shares of the company’s stock after selling 8,480 shares during the period. Forum Financial Management LP’s holdings in Avantis U.S. Equity ETF were worth $3,874,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors have also made changes to their positions in the company. Smartleaf Asset Management LLC lifted its stake in Avantis U.S. Equity ETF by 4.2% during the second quarter. Smartleaf Asset Management LLC now owns 2,421 shares of the company’s stock worth $243,000 after purchasing an additional 97 shares during the last quarter. Waterfront Wealth Inc. increased its stake in Avantis U.S. Equity ETF by 0.7% during the second quarter. Waterfront Wealth Inc. now owns 15,112 shares of the company’s stock valued at $1,524,000 after purchasing an additional 105 shares during the last quarter. Avestar Capital LLC increased its stake in Avantis U.S. Equity ETF by 2.2% during the second quarter. Avestar Capital LLC now owns 5,656 shares of the company’s stock valued at $570,000 after purchasing an additional 121 shares during the last quarter. Qube Research & Technologies Ltd raised its holdings in shares of Avantis U.S. Equity ETF by 17.6% during the second quarter. Qube Research & Technologies Ltd now owns 964 shares of the company’s stock worth $97,000 after purchasing an additional 144 shares during the period. Finally, WESPAC Advisors SoCal LLC raised its holdings in shares of Avantis U.S. Equity ETF by 4.5% during the third quarter. WESPAC Advisors SoCal LLC now owns 3,599 shares of the company’s stock worth $391,000 after purchasing an additional 156 shares during the period.

Avantis U.S. Equity ETF Stock Performance

Avantis U.S. Equity ETF stock opened at $115.05 on Friday. Avantis U.S. Equity ETF has a 1 year low of $79.20 and a 1 year high of $115.20. The firm’s 50-day moving average is $111.21 and its 200-day moving average is $107.65. The company has a market cap of $10.81 billion, a P/E ratio of 20.35 and a beta of 1.02.

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.