Avantis U.S. Equity ETF (NYSEARCA:AVUS) Shares Sold by Oak Root LLC

Oak Root LLC reduced its position in shares of Avantis U.S. Equity ETF (NYSEARCA:AVUS) by 0.2% during the 3rd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 3,036,602 shares of the company’s stock after selling 6,904 shares during the quarter. Avantis U.S. Equity ETF accounts for 36.5% of Oak Root LLC’s investment portfolio, making the stock its biggest holding. Oak Root LLC owned about 4.21% of Avantis U.S. Equity ETF worth $288,933,000 at the end of the most recent quarter.

Other hedge funds also recently modified their holdings of the company. Ausdal Financial Partners Inc. increased its stake in Avantis U.S. Equity ETF by 198.8% in the 3rd quarter. Ausdal Financial Partners Inc. now owns 78,188 shares of the company’s stock valued at $7,440,000 after buying an additional 52,021 shares during the period. Hardin Capital Partners LLC purchased a new stake in shares of Avantis U.S. Equity ETF during the second quarter worth $522,000. Raymond James & Associates boosted its position in Avantis U.S. Equity ETF by 11.4% during the third quarter. Raymond James & Associates now owns 233,493 shares of the company’s stock valued at $22,217,000 after purchasing an additional 23,986 shares during the last quarter. Brookstone Capital Management purchased a new position in Avantis U.S. Equity ETF in the second quarter valued at about $231,000. Finally, Sunbelt Securities Inc. increased its position in Avantis U.S. Equity ETF by 6.3% in the 2nd quarter. Sunbelt Securities Inc. now owns 9,545 shares of the company’s stock worth $861,000 after purchasing an additional 564 shares during the last quarter.

Avantis U.S. Equity ETF Stock Performance

Shares of NYSEARCA AVUS opened at $94.75 on Tuesday. The business has a 50 day simple moving average of $94.38 and a 200 day simple moving average of $91.40. Avantis U.S. Equity ETF has a 52 week low of $72.86 and a 52 week high of $97.51. The stock has a market cap of $6.83 billion, a price-to-earnings ratio of 17.22 and a beta of 1.00.

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.