Silverlake Wealth Management LLC Sells 621 Shares of Avantis U.S. Equity ETF (NYSEARCA:AVUS)

Silverlake Wealth Management LLC decreased its position in shares of Avantis U.S. Equity ETF (NYSEARCA:AVUS) by 2.0% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 29,698 shares of the company’s stock after selling 621 shares during the quarter. Avantis U.S. Equity ETF comprises 1.1% of Silverlake Wealth Management LLC’s holdings, making the stock its 12th largest holding. Silverlake Wealth Management LLC’s holdings in Avantis U.S. Equity ETF were worth $2,879,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently modified their holdings of AVUS. SageView Advisory Group LLC boosted its position in shares of Avantis U.S. Equity ETF by 0.5% during the third quarter. SageView Advisory Group LLC now owns 28,933 shares of the company’s stock valued at $2,753,000 after buying an additional 133 shares during the last quarter. Valued Wealth Advisors LLC boosted its position in shares of Avantis U.S. Equity ETF by 1.1% during the fourth quarter. Valued Wealth Advisors LLC now owns 14,522 shares of the company’s stock valued at $1,408,000 after buying an additional 163 shares during the last quarter. Wealth Management Partners LLC boosted its position in shares of Avantis U.S. Equity ETF by 1.1% during the fourth quarter. Wealth Management Partners LLC now owns 15,468 shares of the company’s stock valued at $1,499,000 after buying an additional 166 shares during the last quarter. Certified Advisory Corp boosted its position in Avantis U.S. Equity ETF by 0.7% in the fourth quarter. Certified Advisory Corp now owns 28,015 shares of the company’s stock worth $2,715,000 after purchasing an additional 185 shares during the last quarter. Finally, Clarity Asset Management Inc. grew its stake in Avantis U.S. Equity ETF by 10.1% in the 3rd quarter. Clarity Asset Management Inc. now owns 2,149 shares of the company’s stock valued at $204,000 after purchasing an additional 197 shares during the period.

Avantis U.S. Equity ETF Stock Performance

Shares of NYSEARCA:AVUS opened at $100.25 on Wednesday. The company has a market capitalization of $7.23 billion, a P/E ratio of 17.22 and a beta of 1.00. The company’s 50-day moving average is $99.50 and its 200 day moving average is $96.04. Avantis U.S. Equity ETF has a fifty-two week low of $82.42 and a fifty-two week high of $102.23.

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.