Avantis U.S. Equity ETF $AVUS Stock Bought by Hutchens & Kramer Investment Management Group LLC

Hutchens & Kramer Investment Management Group LLC increased its stake in shares of Avantis U.S. Equity ETF (NYSEARCA:AVUS) by 7.2% in the 3rd quarter, HoldingsChannel reports. The institutional investor owned 373,217 shares of the company’s stock after acquiring an additional 24,930 shares during the quarter. Avantis U.S. Equity ETF accounts for 14.5% of Hutchens & Kramer Investment Management Group LLC’s portfolio, making the stock its biggest position. Hutchens & Kramer Investment Management Group LLC’s holdings in Avantis U.S. Equity ETF were worth $47,805,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors have also bought and sold shares of the company. Forum Financial Management LP purchased a new position in Avantis U.S. Equity ETF during the 3rd quarter worth $3,722,000. AWM Capital LLC bought a new stake in shares of Avantis U.S. Equity ETF in the 3rd quarter worth $52,977,000. Aspiriant LLC bought a new stake in shares of Avantis U.S. Equity ETF in the 3rd quarter worth $556,000. Holcombe Financial Inc. raised its holdings in shares of Avantis U.S. Equity ETF by 186.9% in the third quarter. Holcombe Financial Inc. now owns 139,290 shares of the company’s stock valued at $17,842,000 after purchasing an additional 90,739 shares during the last quarter. Finally, Granite Islands Private Wealth LLC purchased a new stake in shares of Avantis U.S. Equity ETF in the third quarter valued at about $224,000.

Avantis U.S. Equity ETF Trading Down 0.9%

Shares of AVUS traded down $1.14 during trading hours on Friday, reaching $128.63. 226,989 shares of the stock traded hands, compared to its average volume of 321,554. The stock has a fifty day simple moving average of $130.04 and a 200 day simple moving average of $126.32. Avantis U.S. Equity ETF has a 52 week low of $105.72 and a 52 week high of $132.81. The company has a market cap of $14.65 billion, a price-to-earnings ratio of 20.35 and a beta of 1.00.

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.