Avantis U.S. Equity ETF $AVUS Position Reduced by Park Avenue Securities LLC

Park Avenue Securities LLC decreased its holdings in shares of Avantis U.S. Equity ETF (NYSEARCA:AVUS) by 81.8% in the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 1,003,702 shares of the company’s stock after selling 4,509,611 shares during the period. Avantis U.S. Equity ETF comprises 0.8% of Park Avenue Securities LLC’s portfolio, making the stock its 23rd biggest holding. Park Avenue Securities LLC’s holdings in Avantis U.S. Equity ETF were worth $128,564,000 as of its most recent SEC filing.

Other institutional investors also recently added to or reduced their stakes in the company. Triumph Capital Management bought a new stake in shares of Avantis U.S. Equity ETF in the 3rd quarter valued at approximately $27,000. Kings Path Partners LLC bought a new position in shares of Avantis U.S. Equity ETF during the 3rd quarter worth approximately $39,000. Anchor Investment Management LLC bought a new position in shares of Avantis U.S. Equity ETF during the 2nd quarter worth approximately $53,000. Western Wealth Management LLC bought a new position in shares of Avantis U.S. Equity ETF during the 1st quarter worth approximately $84,000. Finally, Assetmark Inc. boosted its stake in Avantis U.S. Equity ETF by 36.4% in the 1st quarter. Assetmark Inc. now owns 790 shares of the company’s stock valued at $88,000 after buying an additional 211 shares in the last quarter.

Avantis U.S. Equity ETF Price Performance

Shares of AVUS stock opened at $128.80 on Tuesday. The stock’s fifty day simple moving average is $129.80 and its 200 day simple moving average is $123.12. The firm has a market cap of $14.72 billion, a price-to-earnings ratio of 20.35 and a beta of 1.00. Avantis U.S. Equity ETF has a one year low of $105.72 and a one year high of $132.81.

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.