Sage Rhino Capital LLC Reduces Position in Avantis U.S. Equity ETF $AVUS

by · The Markets Daily

Sage Rhino Capital LLC lowered its position in shares of Avantis U.S. Equity ETF (NYSEARCA:AVUS – Free Report) by 6.5% in the first quarter, according to the company in its most recent filing with the SEC. The firm owned 73,804 shares of the company’s stock after selling 5,089 shares during the quarter. Avantis U.S. Equity ETF comprises about 1.5% of Sage Rhino Capital LLC’s portfolio, making the stock its 18th largest position. Sage Rhino Capital LLC owned about 0.07% of Avantis U.S. Equity ETF worth $8,206,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in AVUS. Oceanside Advisors LLC increased its holdings in shares of Avantis U.S. Equity ETF by 2.2% in the first quarter. Oceanside Advisors LLC now owns 4,996 shares of the company’s stock valued at $555,000 after purchasing an additional 109 shares during the period. Retirement Financial Solutions LLC boosted its position in Avantis U.S. Equity ETF by 0.8% in the first quarter. Retirement Financial Solutions LLC now owns 335,974 shares of the company’s stock valued at $37,354,000 after buying an additional 2,782 shares during the last quarter. HB Wealth Management LLC boosted its position in Avantis U.S. Equity ETF by 9.4% in the first quarter. HB Wealth Management LLC now owns 5,744,706 shares of the company’s stock valued at $638,692,000 after buying an additional 495,876 shares during the last quarter. BIP Wealth LLC increased its holdings in Avantis U.S. Equity ETF by 106.1% in the 1st quarter. BIP Wealth LLC now owns 6,755 shares of the company’s stock worth $751,000 after buying an additional 3,477 shares during the period. Finally, Kelman Lazarov Inc. acquired a new position in Avantis U.S. Equity ETF in the 1st quarter worth approximately $1,028,000.

Avantis U.S. Equity ETF Price Performance

AVUS traded down $1.02 during trading on Tuesday, reaching $126.91. 56,719 shares of the company’s stock were exchanged, compared to its average volume of 328,115. Avantis U.S. Equity ETF has a 1 year low of $100.71 and a 1 year high of $128.86. The company’s fifty day simple moving average is $125.55 and its 200-day simple moving average is $118.42. The stock has a market capitalization of $13.69 billion, a P/E ratio of 20.35 and a beta of 0.99.

About Avantis U.S. Equity ETF

(Free Report)

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.

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