Waverly Advisors LLC Sells 5,277 Shares of Avantis U.S. Equity ETF $AVUS

Waverly Advisors LLC lowered its stake in Avantis U.S. Equity ETF (NYSEARCA:AVUS) by 1.3% in the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 407,458 shares of the company’s stock after selling 5,277 shares during the period. Waverly Advisors LLC’s holdings in Avantis U.S. Equity ETF were worth $52,187,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently made changes to their positions in AVUS. Godfrey Financial Associates Inc. acquired a new position in shares of Avantis U.S. Equity ETF during the fourth quarter valued at $29,000. Brown Brothers Harriman & Co. bought a new stake in Avantis U.S. Equity ETF during the 4th quarter worth about $29,000. EverSource Wealth Advisors LLC lifted its position in Avantis U.S. Equity ETF by 138.7% during the 2nd quarter. EverSource Wealth Advisors LLC now owns 358 shares of the company’s stock valued at $36,000 after purchasing an additional 208 shares during the period. Monetary Solutions Ltd bought a new position in shares of Avantis U.S. Equity ETF in the 4th quarter valued at about $39,000. Finally, Federation des caisses Desjardins du Quebec acquired a new stake in shares of Avantis U.S. Equity ETF during the 4th quarter worth approximately $39,000.

Avantis U.S. Equity ETF Trading Down 0.9%

Shares of AVUS traded down $1.13 on Tuesday, reaching $130.16. 272,766 shares of the company’s stock were exchanged, compared to its average volume of 318,222. The business has a 50 day moving average price of $129.24 and a two-hundred day moving average price of $123.33. Avantis U.S. Equity ETF has a 12 month low of $105.72 and a 12 month high of $132.81. The stock has a market capitalization of $14.29 billion, a P/E ratio of 20.35 and a beta of 0.99.

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.