ZRC Wealth Management LLC Sells 1,174 Shares of Avantis U.S. Equity ETF (NYSEARCA:AVUS)

ZRC Wealth Management LLC trimmed its position in Avantis U.S. Equity ETF (NYSEARCA:AVUS) by 3.6% in the third quarter, according to its most recent filing with the SEC. The institutional investor owned 31,197 shares of the company’s stock after selling 1,174 shares during the period. Avantis U.S. Equity ETF comprises 1.3% of ZRC Wealth Management LLC’s investment portfolio, making the stock its 18th biggest position. ZRC Wealth Management LLC’s holdings in Avantis U.S. Equity ETF were worth $2,968,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently modified their holdings of AVUS. Quantum Financial Advisors LLC lifted its stake in shares of Avantis U.S. Equity ETF by 7.9% during the 3rd quarter. Quantum Financial Advisors LLC now owns 965,577 shares of the company’s stock valued at $91,875,000 after buying an additional 70,827 shares in the last quarter. Ausdal Financial Partners Inc. lifted its stake in shares of Avantis U.S. Equity ETF by 198.8% during the 3rd quarter. Ausdal Financial Partners Inc. now owns 78,188 shares of the company’s stock valued at $7,440,000 after buying an additional 52,021 shares in the last quarter. Abacus Wealth Partners LLC purchased a new stake in shares of Avantis U.S. Equity ETF during the 3rd quarter valued at approximately $203,000. Park Avenue Securities LLC lifted its stake in shares of Avantis U.S. Equity ETF by 9.9% during the 3rd quarter. Park Avenue Securities LLC now owns 519,704 shares of the company’s stock valued at $49,450,000 after buying an additional 46,901 shares in the last quarter. Finally, Summit Wealth Partners LLC lifted its stake in shares of Avantis U.S. Equity ETF by 339.2% during the 2nd quarter. Summit Wealth Partners LLC now owns 54,412 shares of the company’s stock valued at $4,907,000 after buying an additional 42,023 shares in the last quarter.

Avantis U.S. Equity ETF Trading Up 1.0 %

Shares of AVUS stock traded up $0.97 during trading on Friday, reaching $95.34. 215,217 shares of the company’s stock traded hands, compared to its average volume of 256,353. The company has a market capitalization of $6.88 billion, a P/E ratio of 17.22 and a beta of 1.00. The firm’s 50-day moving average is $92.09 and its 200 day moving average is $90.18. Avantis U.S. Equity ETF has a 1 year low of $69.57 and a 1 year high of $95.39.

About Avantis U.S. Equity ETF

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.