Avantis U.S. Equity ETF $AVUS Stock: Hutchens & Kramer Investment Management Group LLC Grows Stake

Hutchens & Kramer Investment Management Group LLC lifted its position in shares of Avantis U.S. Equity ETF (NYSEARCA:AVUS) by 7.2% during the third quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 373,217 shares of the company’s stock after purchasing an additional 24,930 shares during the quarter. Avantis U.S. Equity ETF accounts for 14.5% of Hutchens & Kramer Investment Management Group LLC’s investment portfolio, making the stock its largest holding. Hutchens & Kramer Investment Management Group LLC owned 0.33% of Avantis U.S. Equity ETF worth $47,805,000 at the end of the most recent quarter.

A number of other institutional investors also recently modified their holdings of the company. Forum Financial Management LP acquired a new position in Avantis U.S. Equity ETF during the third quarter worth $3,722,000. AWM Capital LLC bought a new position in shares of Avantis U.S. Equity ETF in the third quarter valued at $52,977,000. Aspiriant LLC bought a new position in shares of Avantis U.S. Equity ETF in the third quarter valued at $556,000. Holcombe Financial Inc. lifted its stake in shares of Avantis U.S. Equity ETF by 186.9% in the third quarter. Holcombe Financial Inc. now owns 139,290 shares of the company’s stock valued at $17,842,000 after buying an additional 90,739 shares in the last quarter. Finally, Granite Islands Private Wealth LLC acquired a new position in shares of Avantis U.S. Equity ETF during the third quarter valued at about $224,000.

Avantis U.S. Equity ETF Price Performance

Shares of NYSEARCA AVUS traded down $1.14 during mid-day trading on Friday, reaching $128.63. 226,989 shares of the company’s stock traded hands, compared to its average volume of 321,554. The business has a 50-day simple moving average of $130.04 and a 200 day simple moving average of $126.32. The stock has a market cap of $14.65 billion, a P/E ratio of 20.35 and a beta of 1.00. Avantis U.S. Equity ETF has a 1-year low of $105.72 and a 1-year high of $132.81.

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.