FMB Wealth Management Has $10.99 Million Stock Holdings in Avantis U.S. Equity ETF (NYSEARCA:AVUS)

FMB Wealth Management cut its holdings in Avantis U.S. Equity ETF (NYSEARCA:AVUS) by 0.3% during the fourth quarter, HoldingsChannel reports. The firm owned 113,417 shares of the company’s stock after selling 316 shares during the period. Avantis U.S. Equity ETF comprises 6.2% of FMB Wealth Management’s investment portfolio, making the stock its 3rd biggest position. FMB Wealth Management’s holdings in Avantis U.S. Equity ETF were worth $10,993,000 at the end of the most recent quarter.

Several other large investors have also made changes to their positions in AVUS. Global Trust Asset Management LLC increased its position in Avantis U.S. Equity ETF by 71.4% in the 3rd quarter. Global Trust Asset Management LLC now owns 480 shares of the company’s stock worth $46,000 after buying an additional 200 shares during the period. Fortitude Family Office LLC bought a new position in Avantis U.S. Equity ETF in the third quarter worth $95,000. Global Wealth Strategies & Associates bought a new position in Avantis U.S. Equity ETF in the fourth quarter worth $97,000. Empower Advisory Group LLC acquired a new stake in Avantis U.S. Equity ETF during the third quarter worth $202,000. Finally, Clarity Asset Management Inc. lifted its holdings in shares of Avantis U.S. Equity ETF by 10.1% during the 3rd quarter. Clarity Asset Management Inc. now owns 2,149 shares of the company’s stock worth $204,000 after acquiring an additional 197 shares during the period.

Avantis U.S. Equity ETF Stock Performance

Shares of Avantis U.S. Equity ETF stock opened at $100.51 on Wednesday. Avantis U.S. Equity ETF has a twelve month low of $82.74 and a twelve month high of $102.23. The firm has a market cap of $7.25 billion, a P/E ratio of 17.22 and a beta of 1.00. The firm’s 50-day simple moving average is $99.40 and its 200-day simple moving average is $96.35.

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.