RAM Investment Partners LLC Increases Holdings in Avantis U.S. Equity ETF $AVUS

RAM Investment Partners LLC lifted its position in Avantis U.S. Equity ETF (NYSEARCA:AVUS) by 244.6% during the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 27,100 shares of the company’s stock after buying an additional 19,235 shares during the period. Avantis U.S. Equity ETF makes up about 0.6% of RAM Investment Partners LLC’s investment portfolio, making the stock its 18th biggest position. RAM Investment Partners LLC’s holdings in Avantis U.S. Equity ETF were worth $2,732,000 at the end of the most recent reporting period.

Other hedge funds also recently bought and sold shares of the company. Brighton Jones LLC purchased a new position in Avantis U.S. Equity ETF in the fourth quarter worth about $670,000. CWM LLC lifted its stake in shares of Avantis U.S. Equity ETF by 1.2% in the 1st quarter. CWM LLC now owns 30,626 shares of the company’s stock worth $2,829,000 after purchasing an additional 364 shares during the period. Sigma Planning Corp lifted its stake in shares of Avantis U.S. Equity ETF by 5.0% in the 1st quarter. Sigma Planning Corp now owns 3,956 shares of the company’s stock worth $365,000 after purchasing an additional 188 shares during the period. Wealthfront Advisers LLC boosted its holdings in shares of Avantis U.S. Equity ETF by 6.7% in the first quarter. Wealthfront Advisers LLC now owns 12,100 shares of the company’s stock worth $1,118,000 after buying an additional 755 shares during the last quarter. Finally, Fortis Group Advisors LLC grew its position in Avantis U.S. Equity ETF by 159.3% during the first quarter. Fortis Group Advisors LLC now owns 32,430 shares of the company’s stock valued at $2,996,000 after buying an additional 19,924 shares during the period.

Avantis U.S. Equity ETF Trading Down 1.6%

AVUS opened at $109.15 on Friday. The firm’s 50 day simple moving average is $108.81 and its two-hundred day simple moving average is $103.11. The company has a market capitalization of $9.94 billion, a PE ratio of 20.35 and a beta of 1.02. Avantis U.S. Equity ETF has a 1-year low of $79.20 and a 1-year high of $111.62.

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.