UBS Group AG Sells 6,973 Shares of Avantis U.S. Equity ETF $AVUS

UBS Group AG decreased its stake in shares of Avantis U.S. Equity ETF (NYSEARCA:AVUS) by 9.9% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 63,523 shares of the company’s stock after selling 6,973 shares during the quarter. UBS Group AG owned about 0.07% of Avantis U.S. Equity ETF worth $7,101,000 at the end of the most recent quarter.

Several other hedge funds have also added to or reduced their stakes in the stock. HB Wealth Management LLC increased its holdings in shares of Avantis U.S. Equity ETF by 10.2% during the fourth quarter. HB Wealth Management LLC now owns 5,248,830 shares of the company’s stock valued at $586,714,000 after acquiring an additional 486,787 shares in the last quarter. American Century Companies Inc. boosted its stake in Avantis U.S. Equity ETF by 2.8% in the 3rd quarter. American Century Companies Inc. now owns 3,571,038 shares of the company’s stock worth $388,172,000 after purchasing an additional 96,975 shares in the last quarter. HighTower Advisors LLC grew its position in Avantis U.S. Equity ETF by 1.3% during the 3rd quarter. HighTower Advisors LLC now owns 1,659,090 shares of the company’s stock valued at $180,347,000 after purchasing an additional 21,152 shares during the last quarter. Financial Plan Inc. purchased a new stake in Avantis U.S. Equity ETF during the 4th quarter valued at about $149,298,000. Finally, Traphagen Investment Advisors LLC increased its stake in Avantis U.S. Equity ETF by 1.6% during the 4th quarter. Traphagen Investment Advisors LLC now owns 1,253,450 shares of the company’s stock valued at $140,111,000 after purchasing an additional 20,025 shares in the last quarter.

Avantis U.S. Equity ETF Stock Performance

Shares of Avantis U.S. Equity ETF stock opened at $124.24 on Tuesday. The company has a 50-day simple moving average of $116.92 and a two-hundred day simple moving average of $114.50. The stock has a market capitalization of $12.41 billion, a PE ratio of 20.35 and a beta of 0.99. Avantis U.S. Equity ETF has a 52-week low of $94.17 and a 52-week high of $126.16.

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.