Austin Asset Management Co Inc Boosts Stock Position in Avantis U.S. Equity ETF (NYSEARCA:AVUS)

Austin Asset Management Co Inc lifted its position in shares of Avantis U.S. Equity ETF (NYSEARCA:AVUS) by 548.2% during the fourth quarter, HoldingsChannel.com reports. The institutional investor owned 58,673 shares of the company’s stock after purchasing an additional 49,621 shares during the quarter. Avantis U.S. Equity ETF accounts for about 1.2% of Austin Asset Management Co Inc’s holdings, making the stock its 17th largest holding. Austin Asset Management Co Inc’s holdings in Avantis U.S. Equity ETF were worth $5,687,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds also recently bought and sold shares of AVUS. Silverlake Wealth Management LLC lifted its holdings in shares of Avantis U.S. Equity ETF by 0.4% in the 3rd quarter. Silverlake Wealth Management LLC now owns 30,319 shares of the company’s stock worth $2,885,000 after acquiring an additional 106 shares during the last quarter. SageView Advisory Group LLC lifted its stake in Avantis U.S. Equity ETF by 0.5% in the third quarter. SageView Advisory Group LLC now owns 28,933 shares of the company’s stock worth $2,753,000 after purchasing an additional 133 shares during the last quarter. Valued Wealth Advisors LLC lifted its stake in Avantis U.S. Equity ETF by 1.1% in the fourth quarter. Valued Wealth Advisors LLC now owns 14,522 shares of the company’s stock worth $1,408,000 after purchasing an additional 163 shares during the last quarter. Wealth Management Partners LLC boosted its position in Avantis U.S. Equity ETF by 1.1% during the fourth quarter. Wealth Management Partners LLC now owns 15,468 shares of the company’s stock valued at $1,499,000 after buying an additional 166 shares during the period. Finally, Certified Advisory Corp grew its stake in shares of Avantis U.S. Equity ETF by 0.7% during the fourth quarter. Certified Advisory Corp now owns 28,015 shares of the company’s stock valued at $2,715,000 after buying an additional 185 shares during the last quarter.

Avantis U.S. Equity ETF Trading Down 0.9 %

AVUS opened at $99.96 on Friday. The company has a market cap of $7.21 billion, a P/E ratio of 17.22 and a beta of 1.00. Avantis U.S. Equity ETF has a 12 month low of $82.74 and a 12 month high of $102.23. The business’s 50-day moving average price is $99.46 and its 200-day moving average price is $96.16.

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.