Avantis U.S. Equity ETF $AVUS Shares Purchased by Kestra Investment Management LLC

Kestra Investment Management LLC boosted its holdings in Avantis U.S. Equity ETF (NYSEARCA:AVUS) by 5.3% during the third quarter, HoldingsChannel reports. The fund owned 119,807 shares of the company’s stock after buying an additional 5,999 shares during the period. Kestra Investment Management LLC’s holdings in Avantis U.S. Equity ETF were worth $15,346,000 at the end of the most recent quarter.

Other hedge funds also recently added to or reduced their stakes in the company. Triumph Capital Management acquired a new stake in Avantis U.S. Equity ETF during the third quarter worth $27,000. Kings Path Partners LLC acquired a new position in shares of Avantis U.S. Equity ETF in the 3rd quarter valued at $39,000. Anchor Investment Management LLC acquired a new position in shares of Avantis U.S. Equity ETF in the 2nd quarter valued at $53,000. Balance Wealth Partners LLC purchased a new position in shares of Avantis U.S. Equity ETF during the 3rd quarter worth $58,000. Finally, Western Wealth Management LLC purchased a new position in shares of Avantis U.S. Equity ETF during the 1st quarter worth $84,000.

Avantis U.S. Equity ETF Trading Up 2.4%

Shares of NYSEARCA:AVUS opened at $127.52 on Tuesday. The business has a 50-day moving average price of $129.17 and a 200 day moving average price of $123.86. The company has a market capitalization of $14.65 billion, a price-to-earnings ratio of 19.41 and a beta of 1.01. 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 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.