Farther Finance Advisors LLC Reduces Position in Avantis U.S. Equity ETF (NYSEARCA:AVUS)

Farther Finance Advisors LLC lessened its stake in shares of Avantis U.S. Equity ETF (NYSEARCA:AVUS) by 38.7% during the 4th quarter, Holdings Channel reports. The firm owned 48,533 shares of the company’s stock after selling 30,621 shares during the quarter. Farther Finance Advisors LLC’s holdings in Avantis U.S. Equity ETF were worth $4,704,000 as of its most recent filing with the Securities and Exchange Commission.

Several other large investors also recently bought and sold shares of AVUS. Atria Investments Inc purchased a new stake in Avantis U.S. Equity ETF during the 3rd quarter worth approximately $216,000. Savvy Advisors Inc. purchased a new stake in Avantis U.S. Equity ETF in the third quarter valued at approximately $303,000. Empower Advisory Group LLC purchased a new stake in Avantis U.S. Equity ETF in the third quarter valued at approximately $202,000. OneDigital Investment Advisors LLC boosted its position in Avantis U.S. Equity ETF by 0.3% in the third quarter. OneDigital Investment Advisors LLC now owns 744,603 shares of the company’s stock valued at $70,849,000 after buying an additional 2,161 shares during the last quarter. Finally, Squire Investment Management Company LLC purchased a new stake in Avantis U.S. Equity ETF in the third quarter valued at approximately $602,000.

Avantis U.S. Equity ETF Stock Down 0.8 %

Shares of NYSEARCA AVUS opened at $91.76 on Wednesday. The business’s 50 day moving average price is $98.75 and its 200 day moving average price is $97.46. The firm has a market cap of $7.50 billion, a P/E ratio of 21.19 and a beta of 1.06. Avantis U.S. Equity ETF has a 52 week low of $84.26 and a 52 week 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.