Acorn Financial Advisory Services Inc. ADV Sells 131,959 Shares of Avantis U.S. Equity ETF $AVUS

Acorn Financial Advisory Services Inc. ADV trimmed its holdings in shares of Avantis U.S. Equity ETF (NYSEARCA:AVUS) by 83.1% in the first quarter, according to its most recent filing with the SEC. The firm owned 26,869 shares of the company’s stock after selling 131,959 shares during the period. Acorn Financial Advisory Services Inc. ADV’s holdings in Avantis U.S. Equity ETF were worth $2,987,000 as of its most recent filing with the SEC.

Several other institutional investors have also made changes to their positions in the business. Caliber Wealth Management LLC KS raised its position in Avantis U.S. Equity ETF by 7.0% in the first quarter. Caliber Wealth Management LLC KS now owns 605,425 shares of the company’s stock worth $67,311,000 after purchasing an additional 39,565 shares in the last quarter. SJS Investment Consulting Inc. boosted its holdings in Avantis U.S. Equity ETF by 28.2% during the first quarter. SJS Investment Consulting Inc. now owns 140,466 shares of the company’s stock valued at $15,617,000 after purchasing an additional 30,870 shares in the last quarter. Avant Financial Advisors LLC grew its stake in shares of Avantis U.S. Equity ETF by 0.8% in the 1st quarter. Avant Financial Advisors LLC now owns 13,527 shares of the company’s stock valued at $1,504,000 after purchasing an additional 106 shares during the period. McLean Asset Management Corp grew its stake in shares of Avantis U.S. Equity ETF by 9.5% in the 1st quarter. McLean Asset Management Corp now owns 741,463 shares of the company’s stock valued at $82,436,000 after purchasing an additional 64,283 shares during the period. Finally, Pasadena Private Wealth LLC acquired a new position in shares of Avantis U.S. Equity ETF in the 1st quarter worth approximately $337,000.

Avantis U.S. Equity ETF Price Performance

Avantis U.S. Equity ETF stock opened at $128.08 on Wednesday. The company has a market capitalization of $12.80 billion, a PE ratio of 20.35 and a beta of 0.99. Avantis U.S. Equity ETF has a one year low of $100.60 and a one year high of $128.86. The business has a 50 day simple moving average of $125.13 and a 200 day simple moving average of $118.11.

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.