Red Lighthouse Investment Management LLC Has $42.96 Million Stock Position in Avantis U.S. Equity ETF $AVUS

Red Lighthouse Investment Management LLC lessened its stake in Avantis U.S. Equity ETF (NYSEARCA:AVUS) by 0.4% in the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 426,097 shares of the company’s stock after selling 1,712 shares during the period. Avantis U.S. Equity ETF accounts for 16.4% of Red Lighthouse Investment Management LLC’s portfolio, making the stock its largest holding. Red Lighthouse Investment Management LLC owned about 0.49% of Avantis U.S. Equity ETF worth $42,959,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors have also recently bought and sold shares of the company. Bank of New York Mellon Corp raised its position in Avantis U.S. Equity ETF by 12.9% in the 1st quarter. Bank of New York Mellon Corp now owns 539,378 shares of the company’s stock worth $49,828,000 after purchasing an additional 61,784 shares during the last quarter. Stratos Wealth Partners LTD. raised its position in Avantis U.S. Equity ETF by 15.0% in the 1st quarter. Stratos Wealth Partners LTD. now owns 7,256 shares of the company’s stock worth $670,000 after purchasing an additional 945 shares during the last quarter. PNC Financial Services Group Inc. raised its position in Avantis U.S. Equity ETF by 415.1% in the 1st quarter. PNC Financial Services Group Inc. now owns 19,567 shares of the company’s stock worth $1,808,000 after purchasing an additional 15,768 shares during the last quarter. Janney Montgomery Scott LLC raised its position in Avantis U.S. Equity ETF by 2.8% in the 1st quarter. Janney Montgomery Scott LLC now owns 5,412 shares of the company’s stock worth $500,000 after purchasing an additional 146 shares during the last quarter. Finally, KWB Wealth grew its holdings in Avantis U.S. Equity ETF by 4.0% during the 2nd quarter. KWB Wealth now owns 36,032 shares of the company’s stock worth $3,329,000 after acquiring an additional 1,378 shares during the period.

Avantis U.S. Equity ETF Stock Performance

AVUS opened at $110.04 on Monday. The company has a fifty day moving average price of $107.54 and a two-hundred day moving average price of $100.99. Avantis U.S. Equity ETF has a 52 week low of $79.20 and a 52 week high of $110.34. The firm has a market capitalization of $9.96 billion, a PE ratio of 20.35 and a beta of 1.05.

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.