Comerica Bank Decreases Stock Holdings in Avantis U.S. Equity ETF (NYSEARCA:AVUS)

Comerica Bank cut its stake in shares of Avantis U.S. Equity ETF (NYSEARCA:AVUS) by 75.2% in the first quarter, according to its most recent disclosure with the SEC. The firm owned 724 shares of the company’s stock after selling 2,190 shares during the period. Comerica Bank’s holdings in Avantis U.S. Equity ETF were worth $65,000 at the end of the most recent quarter.

A number of other large investors also recently added to or reduced their stakes in the stock. Monument Group Wealth Advisors LLC purchased a new stake in shares of Avantis U.S. Equity ETF during the fourth quarter worth about $657,000. Waverly Advisors LLC raised its holdings in shares of Avantis U.S. Equity ETF by 0.9% during the fourth quarter. Waverly Advisors LLC now owns 320,287 shares of the company’s stock valued at $26,119,000 after acquiring an additional 2,986 shares during the last quarter. Great Valley Advisor Group Inc. lifted its position in shares of Avantis U.S. Equity ETF by 535.6% in the fourth quarter. Great Valley Advisor Group Inc. now owns 77,689 shares of the company’s stock valued at $6,336,000 after acquiring an additional 65,466 shares in the last quarter. Annex Advisory Services LLC acquired a new stake in shares of Avantis U.S. Equity ETF in the fourth quarter worth approximately $126,293,000. Finally, Choreo LLC purchased a new stake in shares of Avantis U.S. Equity ETF during the fourth quarter worth approximately $220,000.

Avantis U.S. Equity ETF Stock Performance

NYSEARCA AVUS opened at $91.84 on Monday. The business has a fifty day moving average price of $90.65 and a 200 day moving average price of $88.33. The company has a market cap of $6.62 billion, a P/E ratio of 17.22 and a beta of 1.00. Avantis U.S. Equity ETF has a one year low of $69.57 and a one year high of $94.50.

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.