Morling Financial Advisors LLC Acquires 1,115 Shares of Avantis U.S. Equity ETF (NYSEARCA:AVUS)

Morling Financial Advisors LLC grew its position in Avantis U.S. Equity ETF (NYSEARCA:AVUS) by 2.1% during the 4th quarter, Holdings Channel reports. The fund owned 54,909 shares of the company’s stock after buying an additional 1,115 shares during the quarter. Avantis U.S. Equity ETF comprises about 3.6% of Morling Financial Advisors LLC’s holdings, making the stock its 10th biggest position. Morling Financial Advisors LLC’s holdings in Avantis U.S. Equity ETF were worth $4,478,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Lindbrook Capital LLC purchased a new stake in shares of Avantis U.S. Equity ETF in the third quarter valued at about $88,000. Salem Investment Counselors Inc. purchased a new stake in shares of Avantis U.S. Equity ETF in the fourth quarter valued at about $139,000. Avior Wealth Management LLC purchased a new stake in shares of Avantis U.S. Equity ETF in the third quarter valued at about $199,000. Greenup Street Wealth Management LLC purchased a new stake in shares of Avantis U.S. Equity ETF in the third quarter valued at about $202,000. Finally, Sound Income Strategies LLC purchased a new stake in shares of Avantis U.S. Equity ETF in the fourth quarter valued at about $207,000.

Avantis U.S. Equity ETF Trading Down 0.0 %

Shares of NYSEARCA:AVUS traded down $0.04 during midday trading on Wednesday, hitting $86.27. The stock had a trading volume of 237,680 shares, compared to its average volume of 283,796. The company has a market capitalization of $6.29 billion, a PE ratio of 17.12 and a beta of 1.05. Avantis U.S. Equity ETF has a 1 year low of $68.68 and a 1 year high of $89.65. The stock has a 50 day moving average price of $86.88 and a two-hundred day moving average price of $81.21.

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.