TFB Advisors LLC Trims Stock Position in Avantis U.S. Equity ETF (NYSEARCA:AVUS)

TFB Advisors LLC cut its stake in shares of Avantis U.S. Equity ETF (NYSEARCA:AVUS) by 3.9% in the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 18,924 shares of the company’s stock after selling 772 shares during the period. TFB Advisors LLC’s holdings in Avantis U.S. Equity ETF were worth $1,834,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in the stock. Global Trust Asset Management LLC raised its stake in shares of Avantis U.S. Equity ETF by 71.4% during the 3rd quarter. Global Trust Asset Management LLC now owns 480 shares of the company’s stock worth $46,000 after buying an additional 200 shares in the last quarter. Fortitude Family Office LLC purchased a new position in shares of Avantis U.S. Equity ETF during the 3rd quarter worth approximately $95,000. Global Wealth Strategies & Associates purchased a new position in shares of Avantis U.S. Equity ETF during the 4th quarter worth approximately $97,000. Empower Advisory Group LLC purchased a new position in shares of Avantis U.S. Equity ETF during the 3rd quarter worth approximately $202,000. Finally, Clarity Asset Management Inc. raised its stake in shares of Avantis U.S. Equity ETF by 10.1% during the 3rd quarter. Clarity Asset Management Inc. now owns 2,149 shares of the company’s stock worth $204,000 after buying an additional 197 shares in the last quarter.

Avantis U.S. Equity ETF Price Performance

AVUS opened at $100.51 on Wednesday. The stock has a market cap of $7.25 billion, a P/E ratio of 17.22 and a beta of 1.00. The stock’s 50 day simple moving average is $99.40 and its 200 day simple moving average is $96.35. Avantis U.S. Equity ETF has a 1-year low of $82.74 and a 1-year high of $102.23.

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.