Orion Capital Management LLC Has $6.65 Million Stock Holdings in Avantis U.S. Equity ETF (NYSEARCA:AVUS)

Orion Capital Management LLC lowered its holdings in Avantis U.S. Equity ETF (NYSEARCA:AVUS) by 7.9% in the fourth quarter, HoldingsChannel.com reports. The firm owned 81,590 shares of the company’s stock after selling 7,006 shares during the quarter. Avantis U.S. Equity ETF comprises approximately 3.9% of Orion Capital Management LLC’s holdings, making the stock its 5th biggest holding. Orion Capital Management LLC’s holdings in Avantis U.S. Equity ETF were worth $6,654,000 as of its most recent SEC filing.

Other institutional investors have also recently bought and sold shares of the company. Lindbrook Capital LLC acquired a new position in Avantis U.S. Equity ETF during the 3rd quarter worth approximately $88,000. Salem Investment Counselors Inc. bought a new position in shares of Avantis U.S. Equity ETF during the fourth quarter valued at $139,000. Greenup Street Wealth Management LLC bought a new position in shares of Avantis U.S. Equity ETF during the third quarter valued at $202,000. Sound Income Strategies LLC bought a new position in shares of Avantis U.S. Equity ETF during the fourth quarter valued at $207,000. Finally, CRA Financial Services LLC bought a new position in shares of Avantis U.S. Equity ETF during the fourth quarter valued at $215,000.

Avantis U.S. Equity ETF Stock Up 0.8 %

Shares of AVUS stock traded up $0.70 during trading hours on Wednesday, hitting $85.95. 209,585 shares of the company’s stock traded hands, compared to its average volume of 276,761. The stock’s 50 day simple moving average is $87.04 and its 200 day simple moving average is $81.65. The stock has a market cap of $6.26 billion, a PE ratio of 17.12 and a beta of 1.05. Avantis U.S. Equity ETF has a 12 month low of $68.68 and a 12 month high of $89.65.

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.