Versant Capital Management Inc Sells 976 Shares of Avantis U.S. Equity ETF (NYSEARCA:AVUS)

Versant Capital Management Inc reduced its stake in shares of Avantis U.S. Equity ETF (NYSEARCA:AVUS) by 1.5% in the third quarter, according to its most recent filing with the SEC. The institutional investor owned 64,757 shares of the company’s stock after selling 976 shares during the period. Avantis U.S. Equity ETF comprises approximately 1.4% of Versant Capital Management Inc’s portfolio, making the stock its 16th biggest position. Versant Capital Management Inc owned about 0.09% of Avantis U.S. Equity ETF worth $6,162,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in AVUS. Strategic Financial Concepts LLC grew its holdings in Avantis U.S. Equity ETF by 11,264.4% during the second quarter. Strategic Financial Concepts LLC now owns 14,316,250 shares of the company’s stock worth $1,291,183,000 after buying an additional 14,190,276 shares in the last quarter. American Century Companies Inc. boosted its holdings in Avantis U.S. Equity ETF by 5.8% during the second quarter. American Century Companies Inc. now owns 2,924,011 shares of the company’s stock worth $263,717,000 after purchasing an additional 159,134 shares during the last quarter. Annex Advisory Services LLC increased its stake in Avantis U.S. Equity ETF by 4.8% in the 2nd quarter. Annex Advisory Services LLC now owns 2,714,281 shares of the company’s stock valued at $244,801,000 after buying an additional 125,092 shares during the last quarter. Envestnet Asset Management Inc. lifted its position in shares of Avantis U.S. Equity ETF by 6.8% during the 2nd quarter. Envestnet Asset Management Inc. now owns 1,632,278 shares of the company’s stock worth $147,215,000 after buying an additional 104,125 shares in the last quarter. Finally, Northwestern Mutual Wealth Management Co. lifted its position in shares of Avantis U.S. Equity ETF by 1.6% during the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 1,470,657 shares of the company’s stock worth $132,638,000 after buying an additional 23,513 shares in the last quarter.

Avantis U.S. Equity ETF Stock Down 0.9 %

AVUS stock opened at $94.49 on Tuesday. The firm has a market cap of $6.81 billion, a PE ratio of 17.22 and a beta of 1.00. The business has a 50 day moving average of $92.09 and a 200-day moving average of $90.21. Avantis U.S. Equity ETF has a 12-month low of $69.57 and a 12-month high of $95.39.

Avantis U.S. Equity ETF Company 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.