Sollinda Capital Management LLC Has $7.07 Million Stake in Avantis U.S. Equity ETF $AVUS

Sollinda Capital Management LLC grew its position in Avantis U.S. Equity ETF (NYSEARCA:AVUS) by 13.9% in the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 65,081 shares of the company’s stock after buying an additional 7,960 shares during the quarter. Avantis U.S. Equity ETF accounts for about 1.9% of Sollinda Capital Management LLC’s portfolio, making the stock its 12th largest holding. Sollinda Capital Management LLC owned about 0.07% of Avantis U.S. Equity ETF worth $7,074,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Harbor Asset Planning Inc. bought a new stake in shares of Avantis U.S. Equity ETF during the 2nd quarter worth $29,000. EverSource Wealth Advisors LLC lifted its holdings in shares of Avantis U.S. Equity ETF by 138.7% in the second quarter. EverSource Wealth Advisors LLC now owns 358 shares of the company’s stock worth $36,000 after acquiring an additional 208 shares during the last quarter. Parkside Financial Bank & Trust boosted its stake in shares of Avantis U.S. Equity ETF by 151.0% in the 3rd quarter. Parkside Financial Bank & Trust now owns 394 shares of the company’s stock valued at $43,000 after purchasing an additional 237 shares in the last quarter. Promus Capital LLC acquired a new stake in shares of Avantis U.S. Equity ETF in the 2nd quarter valued at approximately $48,000. Finally, Trust Co. of Vermont bought a new stake in shares of Avantis U.S. Equity ETF during the 3rd quarter valued at approximately $51,000.

Avantis U.S. Equity ETF Price Performance

AVUS stock opened at $116.58 on Tuesday. The stock has a market cap of $11.15 billion, a price-to-earnings ratio of 20.35 and a beta of 1.02. The company has a 50 day simple moving average of $113.23 and a 200 day simple moving average of $109.22. Avantis U.S. Equity ETF has a 1 year low of $79.20 and a 1 year high of $116.84.

Avantis U.S. Equity ETF 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.