Sax Wealth Advisors LLC Sells 4,571 Shares of Avantis U.S. Equity ETF $AVUS

Sax Wealth Advisors LLC lessened its position in Avantis U.S. Equity ETF (NYSEARCA:AVUS) by 3.8% in the second quarter, according to its most recent disclosure with the SEC. The firm owned 117,054 shares of the company’s stock after selling 4,571 shares during the period. Sax Wealth Advisors LLC’s holdings in Avantis U.S. Equity ETF were worth $14,992,000 as of its most recent filing with the SEC.

Other institutional investors also recently modified their holdings of the company. CPC Advisors LLC lifted its stake in shares of Avantis U.S. Equity ETF by 1.4% in the fourth quarter. CPC Advisors LLC now owns 488,010 shares of the company’s stock valued at $54,550,000 after buying an additional 6,820 shares in the last quarter. Tandemgrowth Financial Advisors LLC bought a new stake in shares of Avantis U.S. Equity ETF during the fourth quarter worth about $34,880,000. Riverchase Wealth Management LLC increased its position in shares of Avantis U.S. Equity ETF by 16.9% during the fourth quarter. Riverchase Wealth Management LLC now owns 36,891 shares of the company’s stock worth $4,124,000 after acquiring an additional 5,338 shares in the last quarter. Focus Partners Advisor Solutions LLC raised its holdings in shares of Avantis U.S. Equity ETF by 50.2% in the 4th quarter. Focus Partners Advisor Solutions LLC now owns 306,043 shares of the company’s stock worth $34,210,000 after acquiring an additional 102,264 shares during the last quarter. Finally, Mattson Financial Services LLC raised its holdings in shares of Avantis U.S. Equity ETF by 34.3% in the 4th quarter. Mattson Financial Services LLC now owns 46,968 shares of the company’s stock worth $5,250,000 after acquiring an additional 11,986 shares during the last quarter.

Avantis U.S. Equity ETF Stock Performance

Shares of NYSEARCA AVUS opened at $131.18 on Friday. The stock has a market cap of $14.40 billion, a price-to-earnings ratio of 20.35 and a beta of 0.99. Avantis U.S. Equity ETF has a fifty-two week low of $103.22 and a fifty-two week high of $132.19. The firm’s 50-day simple moving average is $127.45 and its 200 day simple moving average is $120.97.

Avantis U.S. Equity ETF 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.