Avantis U.S. Equity ETF $AVUS Shares Purchased by Holcombe Financial Inc.

Holcombe Financial Inc. increased its position in Avantis U.S. Equity ETF (NYSEARCA:AVUS) by 186.9% during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 139,290 shares of the company’s stock after buying an additional 90,739 shares during the quarter. Avantis U.S. Equity ETF accounts for approximately 9.9% of Holcombe Financial Inc.’s holdings, making the stock its 3rd biggest holding. Holcombe Financial Inc.’s holdings in Avantis U.S. Equity ETF were worth $17,842,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. HB Wealth Management LLC increased its holdings in Avantis U.S. Equity ETF by 4.9% during the 2nd quarter. HB Wealth Management LLC now owns 6,026,439 shares of the company’s stock valued at $771,865,000 after purchasing an additional 281,733 shares during the period. Maseco LLP bought a new stake in shares of Avantis U.S. Equity ETF during the 1st quarter valued at about $259,864,000. Annex Advisory Services LLC increased its position in shares of Avantis U.S. Equity ETF by 5.0% during the second quarter. Annex Advisory Services LLC now owns 2,025,359 shares of the company’s stock valued at $259,408,000 after buying an additional 96,288 shares during the period. Envestnet Asset Management Inc. increased its position in shares of Avantis U.S. Equity ETF by 9.7% during the second quarter. Envestnet Asset Management Inc. now owns 2,009,207 shares of the company’s stock valued at $257,339,000 after buying an additional 177,765 shares during the period. Finally, Financial Plan Inc. raised its stake in Avantis U.S. Equity ETF by 4.4% in the first quarter. Financial Plan Inc. now owns 1,393,958 shares of the company’s stock worth $154,980,000 after buying an additional 58,317 shares in the last quarter.

Avantis U.S. Equity ETF Stock Down 0.9%

Shares of NYSEARCA:AVUS traded down $1.14 during trading on Friday, hitting $128.63. The stock had a trading volume of 226,989 shares, compared to its average volume of 321,554. The company has a market capitalization of $14.65 billion, a PE ratio of 20.35 and a beta of 1.00. The firm’s fifty day moving average is $130.04 and its 200 day moving average is $126.32. Avantis U.S. Equity ETF has a 12 month low of $105.72 and a 12 month high of $132.81.

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.