Quarry Hill Advisors LLC Lowers Position in Avantis U.S. Equity ETF (NYSEARCA:AVUS)

Quarry Hill Advisors LLC decreased its stake in shares of Avantis U.S. Equity ETF (NYSEARCA:AVUS) by 3.5% during the second quarter, Holdings Channel reports. The firm owned 50,033 shares of the company’s stock after selling 1,831 shares during the quarter. Avantis U.S. Equity ETF comprises about 3.0% of Quarry Hill Advisors LLC’s holdings, making the stock its 9th biggest position. Quarry Hill Advisors LLC’s holdings in Avantis U.S. Equity ETF were worth $4,513,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in the stock. PCG Wealth Advisors LLC boosted its position in Avantis U.S. Equity ETF by 3.5% in the first quarter. PCG Wealth Advisors LLC now owns 3,622 shares of the company’s stock worth $324,000 after purchasing an additional 124 shares during the last quarter. PrairieView Partners LLC grew its position in Avantis U.S. Equity ETF by 1.6% during the second quarter. PrairieView Partners LLC now owns 8,708 shares of the company’s stock valued at $785,000 after buying an additional 138 shares during the period. Waterfront Wealth Inc. grew its position in Avantis U.S. Equity ETF by 1.0% during the second quarter. Waterfront Wealth Inc. now owns 14,471 shares of the company’s stock valued at $1,305,000 after buying an additional 150 shares during the period. Wealthcare Advisory Partners LLC raised its position in Avantis U.S. Equity ETF by 1.0% in the first quarter. Wealthcare Advisory Partners LLC now owns 16,549 shares of the company’s stock worth $1,481,000 after acquiring an additional 156 shares during the period. Finally, Tranquility Partners LLC boosted its stake in shares of Avantis U.S. Equity ETF by 3.9% during the 2nd quarter. Tranquility Partners LLC now owns 4,268 shares of the company’s stock worth $385,000 after acquiring an additional 161 shares during the last quarter.

Avantis U.S. Equity ETF Stock Performance

Shares of AVUS stock traded down $0.65 during mid-day trading on Friday, reaching $90.35. 129,976 shares of the company’s stock traded hands, compared to its average volume of 259,088. The firm has a market capitalization of $6.52 billion, a PE ratio of 17.22 and a beta of 1.00. Avantis U.S. Equity ETF has a 12 month low of $69.57 and a 12 month high of $94.50. The firm has a 50 day moving average price of $91.37 and a two-hundred day moving average price of $89.13.

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.