Austin Asset Management Co Inc Has $899,000 Stake in Avantis U.S. Equity ETF $AVUS

Austin Asset Management Co Inc trimmed its holdings in shares of Avantis U.S. Equity ETF (NYSEARCA:AVUS) by 84.8% during the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 8,915 shares of the company’s stock after selling 49,723 shares during the quarter. Austin Asset Management Co Inc’s holdings in Avantis U.S. Equity ETF were worth $899,000 at the end of the most recent quarter.

Other hedge funds have also recently bought and sold shares of the company. Assetmark Inc. acquired a new position in Avantis U.S. Equity ETF during the first quarter worth $25,000. Iron Horse Wealth Management LLC acquired a new position in Avantis U.S. Equity ETF during the first quarter worth $27,000. Mattson Financial Services LLC acquired a new position in Avantis U.S. Equity ETF during the first quarter worth $107,000. JFS Wealth Advisors LLC acquired a new position in Avantis U.S. Equity ETF during the first quarter worth $127,000. Finally, AE Wealth Management LLC grew its position in shares of Avantis U.S. Equity ETF by 9.8% in the first quarter. AE Wealth Management LLC now owns 1,643 shares of the company’s stock valued at $152,000 after purchasing an additional 146 shares during the last quarter.

Avantis U.S. Equity ETF Stock Performance

Shares of NYSEARCA:AVUS opened at $109.49 on Thursday. The company has a market cap of $9.88 billion, a P/E ratio of 20.35 and a beta of 1.05. The stock’s 50-day moving average is $106.43 and its 200-day moving average is $99.28. Avantis U.S. Equity ETF has a 52-week low of $79.20 and a 52-week high of $109.75.

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.