HB Wealth Management LLC Raises Stock Position in Avantis U.S. Equity ETF $AVUS

HB Wealth Management LLC grew its stake in Avantis U.S. Equity ETF (NYSEARCA:AVUS) by 27.5% in the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 4,762,043 shares of the company’s stock after acquiring an additional 1,026,636 shares during the period. Avantis U.S. Equity ETF accounts for approximately 3.5% of HB Wealth Management LLC’s holdings, making the stock its 4th largest position. HB Wealth Management LLC owned approximately 5.27% of Avantis U.S. Equity ETF worth $517,634,000 as of its most recent SEC filing.

Other large investors have also recently bought and sold shares of the company. Smartleaf Asset Management LLC raised its stake in shares of Avantis U.S. Equity ETF by 4.2% during the 2nd quarter. Smartleaf Asset Management LLC now owns 2,421 shares of the company’s stock worth $243,000 after purchasing an additional 97 shares in the last quarter. Waterfront Wealth Inc. increased its holdings in Avantis U.S. Equity ETF by 0.7% during the second quarter. Waterfront Wealth Inc. now owns 15,112 shares of the company’s stock worth $1,524,000 after buying an additional 105 shares during the last quarter. Triune Financial Partners LLC raised its position in Avantis U.S. Equity ETF by 0.3% during the first quarter. Triune Financial Partners LLC now owns 33,914 shares of the company’s stock worth $3,133,000 after acquiring an additional 106 shares in the last quarter. Avestar Capital LLC raised its position in Avantis U.S. Equity ETF by 2.2% during the second quarter. Avestar Capital LLC now owns 5,656 shares of the company’s stock worth $570,000 after acquiring an additional 121 shares in the last quarter. Finally, Qube Research & Technologies Ltd lifted its stake in Avantis U.S. Equity ETF by 17.6% in the second quarter. Qube Research & Technologies Ltd now owns 964 shares of the company’s stock valued at $97,000 after acquiring an additional 144 shares during the last quarter.

Avantis U.S. Equity ETF Price Performance

Shares of AVUS opened at $113.89 on Thursday. The company has a market cap of $10.71 billion, a PE ratio of 20.35 and a beta of 1.02. The firm has a 50-day moving average of $111.03 and a 200-day moving average of $107.42. Avantis U.S. Equity ETF has a one year low of $79.20 and a one year high of $114.58.

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.