Forum Financial Management LP Buys New Shares in Avantis U.S. Equity ETF $AVUS

Forum Financial Management LP bought a new position in Avantis U.S. Equity ETF (NYSEARCA:AVUS) during the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm bought 29,054 shares of the company’s stock, valued at approximately $3,722,000.

A number of other institutional investors have also recently bought and sold shares of the stock. HB Wealth Management LLC increased its position in Avantis U.S. Equity ETF by 4.9% during the second quarter. HB Wealth Management LLC now owns 6,026,439 shares of the company’s stock worth $771,865,000 after purchasing an additional 281,733 shares during the last quarter. Maseco LLP purchased a new position in Avantis U.S. Equity ETF during the first quarter worth approximately $259,864,000. Annex Advisory Services LLC boosted its holdings in shares of Avantis U.S. Equity ETF by 5.0% in the 2nd quarter. Annex Advisory Services LLC now owns 2,025,359 shares of the company’s stock valued at $259,408,000 after purchasing an additional 96,288 shares during the last quarter. Envestnet Asset Management Inc. boosted its holdings in shares of Avantis U.S. Equity ETF by 9.7% in the 2nd quarter. Envestnet Asset Management Inc. now owns 2,009,207 shares of the company’s stock valued at $257,339,000 after purchasing an additional 177,765 shares during the last quarter. Finally, Financial Plan Inc. boosted its holdings in shares of Avantis U.S. Equity ETF by 4.4% in the 1st quarter. Financial Plan Inc. now owns 1,393,958 shares of the company’s stock valued at $154,980,000 after purchasing an additional 58,317 shares during the last quarter.

Avantis U.S. Equity ETF Stock Down 0.9%

Shares of NYSEARCA AVUS opened at $128.63 on Friday. Avantis U.S. Equity ETF has a 52-week low of $105.72 and a 52-week high of $132.81. The firm has a fifty day moving average of $130.04 and a 200-day moving average of $126.32. The stock has a market capitalization of $14.65 billion, a PE ratio of 20.35 and a beta of 1.00.

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.