Avantis U.S. Equity ETF (NYSEARCA:AVUS) Position Raised by Tortoise Investment Management LLC

Tortoise Investment Management LLC boosted its holdings in Avantis U.S. Equity ETF (NYSEARCA:AVUS) by 6.3% during the fourth quarter, according to the company in its most recent disclosure with the SEC. The firm owned 300,480 shares of the company’s stock after purchasing an additional 17,903 shares during the quarter. Avantis U.S. Equity ETF comprises 3.1% of Tortoise Investment Management LLC’s portfolio, making the stock its 3rd largest position. Tortoise Investment Management LLC owned approximately 0.42% of Avantis U.S. Equity ETF worth $29,125,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also bought and sold shares of AVUS. Global Retirement Partners LLC lifted its stake in shares of Avantis U.S. Equity ETF by 165.6% in the fourth quarter. Global Retirement Partners LLC now owns 648 shares of the company’s stock worth $63,000 after buying an additional 404 shares in the last quarter. Blue Trust Inc. lifted its position in Avantis U.S. Equity ETF by 128.5% during the fourth quarter. Blue Trust Inc. now owns 697 shares of the company’s stock valued at $68,000 after purchasing an additional 392 shares during the period. Global Wealth Strategies & Associates bought a new position in Avantis U.S. Equity ETF during the fourth quarter valued at approximately $97,000. Larson Financial Group LLC bought a new position in Avantis U.S. Equity ETF during the fourth quarter valued at approximately $163,000. Finally, Empower Advisory Group LLC bought a new position in Avantis U.S. Equity ETF during the third quarter valued at approximately $202,000.

Avantis U.S. Equity ETF Stock Up 0.5 %

Shares of Avantis U.S. Equity ETF stock opened at $94.83 on Monday. The company has a market cap of $7.75 billion, a price-to-earnings ratio of 21.19 and a beta of 1.06. The company’s 50 day moving average is $98.94 and its 200 day moving average is $97.47. Avantis U.S. Equity ETF has a twelve month low of $84.26 and a twelve month high of $102.23.

Avantis U.S. Equity ETF Company 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.