SOL Capital Management CO Lowers Holdings in Avantis U.S. Equity ETF $AVUS

SOL Capital Management CO reduced its stake in shares of Avantis U.S. Equity ETF (NYSEARCA:AVUS) by 25.2% during the 4th quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 63,680 shares of the company’s stock after selling 21,481 shares during the period. SOL Capital Management CO owned approximately 0.07% of Avantis U.S. Equity ETF worth $7,118,000 at the end of the most recent reporting period.

Several other institutional investors also recently made changes to their positions in AVUS. Brighton Jones LLC purchased a new stake in shares of Avantis U.S. Equity ETF during the 4th quarter worth $670,000. EverSource Wealth Advisors LLC boosted its position in shares of Avantis U.S. Equity ETF by 138.7% during the 2nd quarter. EverSource Wealth Advisors LLC now owns 358 shares of the company’s stock worth $36,000 after purchasing an additional 208 shares in the last quarter. First Trust Advisors LP boosted its position in shares of Avantis U.S. Equity ETF by 140.4% during the 2nd quarter. First Trust Advisors LP now owns 15,448 shares of the company’s stock worth $1,557,000 after purchasing an additional 9,022 shares in the last quarter. Qube Research & Technologies Ltd boosted its position in shares of Avantis U.S. Equity ETF by 17.6% during the 2nd quarter. Qube Research & Technologies Ltd now owns 964 shares of the company’s stock worth $97,000 after purchasing an additional 144 shares in the last quarter. Finally, Quantinno Capital Management LP purchased a new stake in shares of Avantis U.S. Equity ETF during the 2nd quarter worth $1,901,000.

Avantis U.S. Equity ETF Stock Performance

Shares of NYSEARCA AVUS opened at $120.91 on Wednesday. The firm has a market capitalization of $12.05 billion, a P/E ratio of 20.35 and a beta of 1.00. Avantis U.S. Equity ETF has a one year low of $88.56 and a one year high of $121.59. The company’s fifty day moving average is $115.11 and its two-hundred day moving average is $113.22.

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.