Avantis U.S. Equity ETF (NYSEARCA:AVUS) Shares Bought by Morling Financial Advisors LLC

Morling Financial Advisors LLC boosted its holdings in shares of Avantis U.S. Equity ETF (NYSEARCA:AVUS) by 2.1% in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 54,909 shares of the company’s stock after purchasing an additional 1,115 shares during the period. Avantis U.S. Equity ETF comprises approximately 3.6% of Morling Financial Advisors LLC’s investment portfolio, making the stock its 10th biggest holding. Morling Financial Advisors LLC owned approximately 0.09% of Avantis U.S. Equity ETF worth $4,478,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the business. Belpointe Asset Management LLC increased its holdings in Avantis U.S. Equity ETF by 1.8% in the third quarter. Belpointe Asset Management LLC now owns 8,629 shares of the company’s stock valued at $632,000 after buying an additional 156 shares in the last quarter. Evanson Asset Management LLC increased its holdings in Avantis U.S. Equity ETF by 2.2% in the fourth quarter. Evanson Asset Management LLC now owns 8,290 shares of the company’s stock valued at $676,000 after buying an additional 177 shares in the last quarter. Stratos Wealth Partners LTD. increased its holdings in Avantis U.S. Equity ETF by 4.4% in the fourth quarter. Stratos Wealth Partners LTD. now owns 4,626 shares of the company’s stock valued at $377,000 after buying an additional 196 shares in the last quarter. Householder Group Estate & Retirement Specialist LLC increased its holdings in Avantis U.S. Equity ETF by 5.4% in the fourth quarter. Householder Group Estate & Retirement Specialist LLC now owns 4,355 shares of the company’s stock valued at $355,000 after buying an additional 224 shares in the last quarter. Finally, Aprio Wealth Management LLC increased its stake in shares of Avantis U.S. Equity ETF by 2.9% during the fourth quarter. Aprio Wealth Management LLC now owns 9,250 shares of the company’s stock worth $754,000 after purchasing an additional 260 shares in the last quarter.

Avantis U.S. Equity ETF Stock Performance

Shares of AVUS stock traded down $0.04 on Wednesday, reaching $86.27. 237,680 shares of the company were exchanged, compared to its average volume of 283,796. The company has a market cap of $6.29 billion, a price-to-earnings ratio of 17.12 and a beta of 1.05. The business has a 50-day moving average price of $86.88 and a 200 day moving average price of $81.21. Avantis U.S. Equity ETF has a 1 year low of $68.68 and a 1 year high of $89.65.

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.