Avantis U.S. Equity ETF (NYSEARCA:AVUS) Shares Sold by Morris Financial Concepts Inc.

Morris Financial Concepts Inc. cut its position in Avantis U.S. Equity ETF (NYSEARCA:AVUS) by 1.4% in the first quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 24,668 shares of the company’s stock after selling 349 shares during the quarter. Avantis U.S. Equity ETF makes up 1.1% of Morris Financial Concepts Inc.’s investment portfolio, making the stock its 15th biggest holding. Morris Financial Concepts Inc.’s holdings in Avantis U.S. Equity ETF were worth $2,208,000 at the end of the most recent quarter.

A number of other large investors have also recently made changes to their positions in the company. UBS Group AG lifted its position in Avantis U.S. Equity ETF by 5.9% during the 3rd quarter. UBS Group AG now owns 51,895 shares of the company’s stock worth $3,802,000 after acquiring an additional 2,895 shares during the period. PNC Financial Services Group Inc. acquired a new stake in Avantis U.S. Equity ETF during the 3rd quarter worth approximately $230,000. Stifel Financial Corp lifted its position in Avantis U.S. Equity ETF by 15.8% during the 3rd quarter. Stifel Financial Corp now owns 32,541 shares of the company’s stock worth $2,384,000 after acquiring an additional 4,445 shares during the period. Objective Capital Management LLC lifted its position in Avantis U.S. Equity ETF by 38.4% during the 3rd quarter. Objective Capital Management LLC now owns 4,290 shares of the company’s stock worth $314,000 after acquiring an additional 1,190 shares during the period. Finally, Belpointe Asset Management LLC raised its stake in shares of Avantis U.S. Equity ETF by 1.8% during the 3rd quarter. Belpointe Asset Management LLC now owns 8,629 shares of the company’s stock worth $632,000 after buying an additional 156 shares in the last quarter.

Avantis U.S. Equity ETF Price Performance

Shares of AVUS stock traded up $0.02 during trading hours on Monday, reaching $90.21. 178,637 shares of the company’s stock were exchanged, compared to its average volume of 246,222. The company has a market cap of $6.51 billion, a P/E ratio of 17.22 and a beta of 1.00. The company’s 50 day moving average is $88.76 and its two-hundred day moving average is $85.99. Avantis U.S. Equity ETF has a 1 year low of $69.57 and a 1 year high of $91.03.

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.