Avantis U.S. Equity ETF $AVUS is Freedom Financial Partners LLC’s 2nd Largest Position

Freedom Financial Partners LLC cut its holdings in shares of Avantis U.S. Equity ETF (NYSEARCA:AVUS) by 18.9% during the third quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 201,748 shares of the company’s stock after selling 47,035 shares during the period. Avantis U.S. Equity ETF accounts for 8.4% of Freedom Financial Partners LLC’s holdings, making the stock its 2nd biggest holding. Freedom Financial Partners LLC’s holdings in Avantis U.S. Equity ETF were worth $21,930,000 as of its most recent SEC filing.

A number of other hedge funds also recently bought and sold shares of the stock. Brighton Jones LLC purchased a new position in shares of Avantis U.S. Equity ETF in the 4th quarter valued at $670,000. Ieq Capital LLC grew its stake in Avantis U.S. Equity ETF by 35.0% in the first quarter. Ieq Capital LLC now owns 6,388 shares of the company’s stock valued at $590,000 after purchasing an additional 1,657 shares during the last quarter. Baird Financial Group Inc. raised its holdings in Avantis U.S. Equity ETF by 20.5% in the first quarter. Baird Financial Group Inc. now owns 9,000 shares of the company’s stock worth $831,000 after purchasing an additional 1,533 shares in the last quarter. Family Office Research LLC lifted its position in shares of Avantis U.S. Equity ETF by 18.6% during the first quarter. Family Office Research LLC now owns 96,989 shares of the company’s stock valued at $8,960,000 after buying an additional 15,240 shares during the last quarter. Finally, Curi RMB Capital LLC boosted its holdings in shares of Avantis U.S. Equity ETF by 6.0% in the 1st quarter. Curi RMB Capital LLC now owns 6,338 shares of the company’s stock valued at $586,000 after buying an additional 361 shares in the last quarter.

Avantis U.S. Equity ETF Stock Down 0.2%

NYSEARCA:AVUS opened at $112.70 on Wednesday. The stock has a market capitalization of $10.27 billion, a price-to-earnings ratio of 20.35 and a beta of 1.02. Avantis U.S. Equity ETF has a 52 week low of $79.20 and a 52 week high of $113.46. The firm has a 50 day moving average of $110.68 and a 200 day moving average of $106.84.

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.