Avantis U.S. Equity ETF $AVUS Shares Sold by Simplicity Wealth LLC

Simplicity Wealth LLC lowered its stake in Avantis U.S. Equity ETF (NYSEARCA:AVUS) by 1.3% in the 1st quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 689,828 shares of the company’s stock after selling 9,127 shares during the quarter. Avantis U.S. Equity ETF accounts for approximately 4.3% of Simplicity Wealth LLC’s portfolio, making the stock its largest position. Simplicity Wealth LLC owned approximately 0.69% of Avantis U.S. Equity ETF worth $76,695,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also bought and sold shares of the company. Tranquility Partners LLC grew its holdings in Avantis U.S. Equity ETF by 1.9% in the first quarter. Tranquility Partners LLC now owns 4,704 shares of the company’s stock worth $523,000 after purchasing an additional 89 shares during the period. Diversified Portfolios Inc. raised its holdings in shares of Avantis U.S. Equity ETF by 1.6% during the fourth quarter. Diversified Portfolios Inc. now owns 5,895 shares of the company’s stock valued at $659,000 after purchasing an additional 90 shares during the period. Smartleaf Asset Management LLC boosted its position in shares of Avantis U.S. Equity ETF by 4.2% during the 2nd quarter. Smartleaf Asset Management LLC now owns 2,421 shares of the company’s stock worth $243,000 after purchasing an additional 97 shares in the last quarter. RCS Financial Planning LLC boosted its position in shares of Avantis U.S. Equity ETF by 4.0% during the 4th quarter. RCS Financial Planning LLC now owns 2,683 shares of the company’s stock worth $300,000 after purchasing an additional 102 shares in the last quarter. Finally, Avant Financial Advisors LLC boosted its position in shares of Avantis U.S. Equity ETF by 0.8% during the 1st quarter. Avant Financial Advisors LLC now owns 13,527 shares of the company’s stock worth $1,504,000 after purchasing an additional 106 shares in the last quarter.

Avantis U.S. Equity ETF Price Performance

Shares of AVUS traded up $0.57 during trading hours on Friday, hitting $128.51. The stock had a trading volume of 235,432 shares, compared to its average volume of 329,806. Avantis U.S. Equity ETF has a 1-year low of $100.71 and a 1-year high of $128.86. The firm has a market capitalization of $13.89 billion, a P/E ratio of 20.35 and a beta of 0.99. The firm has a 50 day simple moving average of $126.22 and a 200-day simple moving average of $118.95.

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.