Avantis U.S. Equity ETF $AVUS is Cloud Capital Management LLC’s 7th Largest Position

Cloud Capital Management LLC lifted its holdings in shares of Avantis U.S. Equity ETF (NYSEARCA:AVUS) by 292.5% during the second quarter, HoldingsChannel reports. The firm owned 57,492 shares of the company’s stock after purchasing an additional 42,843 shares during the quarter. Avantis U.S. Equity ETF accounts for about 3.7% of Cloud Capital Management LLC’s investment portfolio, making the stock its 7th biggest holding. Cloud Capital Management LLC’s holdings in Avantis U.S. Equity ETF were worth $5,917,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other large investors also recently modified their holdings of the stock. Atlas Wealth LLC increased its stake in shares of Avantis U.S. Equity ETF by 194.6% during the 2nd quarter. Atlas Wealth LLC now owns 40,973 shares of the company’s stock worth $4,146,000 after purchasing an additional 27,066 shares during the last quarter. Bridgewater Advisors Inc. grew its stake in Avantis U.S. Equity ETF by 3.9% in the 2nd quarter. Bridgewater Advisors Inc. now owns 596,319 shares of the company’s stock valued at $61,886,000 after buying an additional 22,612 shares in the last quarter. Bank of New York Mellon Corp grew its stake in Avantis U.S. Equity ETF by 6.5% in the 2nd quarter. Bank of New York Mellon Corp now owns 574,539 shares of the company’s stock valued at $57,925,000 after buying an additional 35,161 shares in the last quarter. Hutchens & Kramer Investment Management Group LLC grew its stake in Avantis U.S. Equity ETF by 80.5% in the 2nd quarter. Hutchens & Kramer Investment Management Group LLC now owns 137,710 shares of the company’s stock valued at $13,936,000 after buying an additional 61,399 shares in the last quarter. Finally, Strategic Financial Concepts LLC grew its stake in Avantis U.S. Equity ETF by 6.5% in the 2nd quarter. Strategic Financial Concepts LLC now owns 263,783 shares of the company’s stock valued at $26,595,000 after buying an additional 16,169 shares in the last quarter.

Avantis U.S. Equity ETF Trading Down 1.1%

Avantis U.S. Equity ETF stock opened at $109.22 on Wednesday. Avantis U.S. Equity ETF has a 1-year low of $79.20 and a 1-year high of $111.62. The firm has a market capitalization of $9.95 billion, a price-to-earnings ratio of 20.35 and a beta of 1.02. The firm has a 50 day simple moving average of $108.29 and a 200 day simple moving average of $102.24.

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.