Canvas Wealth Advisors LLC Decreases Stake in Avantis U.S. Equity ETF $AVUS

Canvas Wealth Advisors LLC cut its holdings in shares of Avantis U.S. Equity ETF (NYSEARCA:AVUS) by 28.6% during the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 24,792 shares of the company’s stock after selling 9,948 shares during the period. Canvas Wealth Advisors LLC’s holdings in Avantis U.S. Equity ETF were worth $2,756,000 at the end of the most recent reporting period.

Other hedge funds have also recently made changes to their positions in the company. Godfrey Financial Associates Inc. bought a new position in shares of Avantis U.S. Equity ETF during the 4th quarter valued at $29,000. Brown Brothers Harriman & Co. bought a new position in shares of Avantis U.S. Equity ETF during the 4th quarter valued at approximately $29,000. Monetary Solutions Ltd purchased a new position in shares of Avantis U.S. Equity ETF in the fourth quarter valued at $39,000. Federation des caisses Desjardins du Quebec bought a new stake in Avantis U.S. Equity ETF in the fourth quarter worth $39,000. Finally, EverSource Wealth Advisors LLC raised its stake in Avantis U.S. Equity ETF by 138.7% during the second quarter. EverSource Wealth Advisors LLC now owns 358 shares of the company’s stock valued at $36,000 after purchasing an additional 208 shares in the last quarter.

Avantis U.S. Equity ETF Trading Up 0.7%

AVUS opened at $127.93 on Tuesday. The firm has a market cap of $13.80 billion, a P/E ratio of 20.35 and a beta of 0.99. The stock has a 50-day moving average of $125.55 and a 200 day moving average of $118.42. Avantis U.S. Equity ETF has a 12 month low of $100.71 and a 12 month high of $128.86.

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.