Tortoise Investment Management LLC Buys 15,652 Shares of Avantis U.S. Equity ETF $AVUS

Tortoise Investment Management LLC increased its stake in shares of Avantis U.S. Equity ETF (NYSEARCA:AVUS) by 4.6% during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 359,435 shares of the company’s stock after acquiring an additional 15,652 shares during the period. Avantis U.S. Equity ETF comprises about 3.5% of Tortoise Investment Management LLC’s portfolio, making the stock its 3rd largest position. Tortoise Investment Management LLC’s holdings in Avantis U.S. Equity ETF were worth $40,178,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds and other institutional investors have also made changes to their positions in the stock. EverSource Wealth Advisors LLC increased its stake in Avantis U.S. Equity ETF by 138.7% in the 2nd quarter. EverSource Wealth Advisors LLC now owns 358 shares of the company’s stock valued at $36,000 after buying an additional 208 shares during the last quarter. Parkside Financial Bank & Trust lifted its position in Avantis U.S. Equity ETF by 151.0% during the 3rd quarter. Parkside Financial Bank & Trust now owns 394 shares of the company’s stock worth $43,000 after buying an additional 237 shares in the last quarter. Assetmark Inc. lifted its position in Avantis U.S. Equity ETF by 116.0% during the 3rd quarter. Assetmark Inc. now owns 579 shares of the company’s stock worth $63,000 after buying an additional 311 shares in the last quarter. Qube Research & Technologies Ltd lifted its position in Avantis U.S. Equity ETF by 17.6% during the 2nd quarter. Qube Research & Technologies Ltd now owns 964 shares of the company’s stock worth $97,000 after buying an additional 144 shares in the last quarter. Finally, IFP Advisors Inc bought a new stake in Avantis U.S. Equity ETF during the 3rd quarter worth about $114,000.

Avantis U.S. Equity ETF Price Performance

Shares of NYSEARCA:AVUS opened at $124.24 on Tuesday. The company’s 50-day moving average price is $116.92 and its two-hundred day moving average price is $114.50. Avantis U.S. Equity ETF has a one year low of $94.17 and a one year high of $126.16. The stock has a market capitalization of $12.41 billion, a PE ratio of 20.35 and a beta of 0.99.

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.