Avantis U.S. Equity ETF $AVUS Shares Sold by Northwestern Mutual Wealth Management Co.

Northwestern Mutual Wealth Management Co. cut its stake in shares of Avantis U.S. Equity ETF (NYSEARCA:AVUS) by 13.7% in the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 616,308 shares of the company’s stock after selling 97,619 shares during the quarter. Northwestern Mutual Wealth Management Co. owned 0.64% of Avantis U.S. Equity ETF worth $68,891,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds also recently modified their holdings of the stock. Godfrey Financial Associates Inc. purchased a new position in Avantis U.S. Equity ETF in the 4th quarter worth about $29,000. EverSource Wealth Advisors LLC lifted its stake in Avantis U.S. Equity ETF by 138.7% during the second quarter. EverSource Wealth Advisors LLC now owns 358 shares of the company’s stock valued at $36,000 after buying an additional 208 shares in the last quarter. Assetmark Inc. boosted its holdings in shares of Avantis U.S. Equity ETF by 116.0% in the third quarter. Assetmark Inc. now owns 579 shares of the company’s stock worth $63,000 after buying an additional 311 shares during the period. Qube Research & Technologies Ltd increased its position in shares of Avantis U.S. Equity ETF by 17.6% in the second quarter. Qube Research & Technologies Ltd now owns 964 shares of the company’s stock worth $97,000 after acquiring an additional 144 shares in the last quarter. Finally, IFP Advisors Inc acquired a new stake in shares of Avantis U.S. Equity ETF during the third quarter valued at approximately $114,000.

Avantis U.S. Equity ETF Stock Up 0.1%

Shares of NYSEARCA:AVUS opened at $127.49 on Friday. The company’s fifty day moving average is $119.30 and its two-hundred day moving average is $115.48. The company has a market cap of $12.74 billion, a P/E ratio of 20.35 and a beta of 0.99. Avantis U.S. Equity ETF has a 12-month low of $95.39 and a 12-month high of $127.84.

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.