Avantis U.S. Equity ETF $AVUS Stock: Quarry Hill Advisors LLC Cuts Holdings

Quarry Hill Advisors LLC lessened its position in Avantis U.S. Equity ETF (NYSEARCA:AVUS) by 12.9% in the 3rd quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 57,326 shares of the company’s stock after selling 8,518 shares during the quarter. Avantis U.S. Equity ETF makes up about 2.7% of Quarry Hill Advisors LLC’s holdings, making the stock its 9th biggest holding. Quarry Hill Advisors LLC’s holdings in Avantis U.S. Equity ETF were worth $7,343,000 at the end of the most recent reporting period.

Several other hedge funds have also recently bought and sold shares of the business. HB Wealth Management LLC lifted its position in shares of Avantis U.S. Equity ETF by 4.9% in the second quarter. HB Wealth Management LLC now owns 6,026,439 shares of the company’s stock worth $771,865,000 after purchasing an additional 281,733 shares in the last quarter. Annex Advisory Services LLC lifted its position in shares of Avantis U.S. Equity ETF by 5.0% in the second quarter. Annex Advisory Services LLC now owns 2,025,359 shares of the company’s stock worth $259,408,000 after buying an additional 96,288 shares during the last quarter. Envestnet Asset Management Inc. lifted its position in shares of Avantis U.S. Equity ETF by 9.7% in the second quarter. Envestnet Asset Management Inc. now owns 2,009,207 shares of the company’s stock worth $257,339,000 after buying an additional 177,765 shares during the last quarter. Commonwealth Equity Services LLC acquired a new stake in shares of Avantis U.S. Equity ETF in the third quarter worth about $186,046,000. Finally, RVW Wealth LLC bought a new stake in shares of Avantis U.S. Equity ETF during the 3rd quarter worth about $116,689,000.

Avantis U.S. Equity ETF Stock Performance

Shares of AVUS stock opened at $127.07 on Wednesday. The stock’s 50 day simple moving average is $129.10 and its 200 day simple moving average is $123.92. Avantis U.S. Equity ETF has a twelve month low of $105.72 and a twelve month high of $132.81. The company has a market capitalization of $14.60 billion, a price-to-earnings ratio of 19.41 and a beta of 1.01.

About Avantis U.S. Equity ETF

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.