Merriman Wealth Management LLC Has $310,000 Holdings in Avantis U.S. Equity ETF (NYSEARCA:AVUS)

Merriman Wealth Management LLC cut its holdings in shares of Avantis U.S. Equity ETF (NYSEARCA:AVUS) by 9.4% during the 2nd quarter, Holdings Channel reports. The firm owned 3,432 shares of the company’s stock after selling 358 shares during the period. Merriman Wealth Management LLC’s holdings in Avantis U.S. Equity ETF were worth $310,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. UBS Group AG raised its stake in Avantis U.S. Equity ETF by 40.9% in the fourth quarter. UBS Group AG now owns 73,120 shares of the company’s stock valued at $5,963,000 after purchasing an additional 21,225 shares in the last quarter. Wells Fargo & Company MN lifted its holdings in shares of Avantis U.S. Equity ETF by 36.0% during the 4th quarter. Wells Fargo & Company MN now owns 302,053 shares of the company’s stock worth $24,632,000 after acquiring an additional 79,904 shares during the period. Advisory Services Network LLC lifted its holdings in shares of Avantis U.S. Equity ETF by 53.5% during the 4th quarter. Advisory Services Network LLC now owns 4,337 shares of the company’s stock worth $354,000 after acquiring an additional 1,511 shares during the period. Pacific Life Fund Advisors LLC increased its stake in Avantis U.S. Equity ETF by 1.1% in the fourth quarter. Pacific Life Fund Advisors LLC now owns 1,480,286 shares of the company’s stock valued at $120,717,000 after acquiring an additional 15,771 shares during the last quarter. Finally, Stifel Financial Corp increased its stake in Avantis U.S. Equity ETF by 123.5% in the fourth quarter. Stifel Financial Corp now owns 72,741 shares of the company’s stock valued at $5,932,000 after acquiring an additional 40,200 shares during the last quarter.

Avantis U.S. Equity ETF Price Performance

NYSEARCA AVUS opened at $94.64 on Friday. Avantis U.S. Equity ETF has a fifty-two week low of $69.57 and a fifty-two week high of $95.33. The business has a fifty day moving average price of $91.62 and a two-hundred day moving average price of $89.67. The stock has a market capitalization of $6.83 billion, a PE ratio of 17.22 and a beta of 1.00.

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.