Avantis U.S. Equity ETF $AVUS Shares Newly Acquired by Forum Financial Management LP

Forum Financial Management LP acquired a new position in shares of Avantis U.S. Equity ETF (NYSEARCA:AVUS) in the third quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor acquired 29,054 shares of the company’s stock, valued at approximately $3,722,000.

Several other hedge funds also recently made changes to their positions in the company. Allodium Investment Consultants LLC lifted its position in Avantis U.S. Equity ETF by 5.1% in the third quarter. Allodium Investment Consultants LLC now owns 1,650 shares of the company’s stock valued at $211,000 after purchasing an additional 80 shares during the period. NewEdge Advisors LLC boosted its holdings in Avantis U.S. Equity ETF by 0.3% in the 2nd quarter. NewEdge Advisors LLC now owns 25,333 shares of the company’s stock valued at $3,245,000 after purchasing an additional 81 shares in the last quarter. Tranquility Partners LLC boosted its holdings in Avantis U.S. Equity ETF by 1.9% in the 1st quarter. Tranquility Partners LLC now owns 4,704 shares of the company’s stock valued at $523,000 after purchasing an additional 89 shares in the last quarter. FAS Wealth Partners Inc. increased its position in Avantis U.S. Equity ETF by 1.3% during the 1st quarter. FAS Wealth Partners Inc. now owns 7,604 shares of the company’s stock worth $845,000 after purchasing an additional 95 shares during the period. Finally, Avant Financial Advisors LLC increased its position in Avantis U.S. Equity ETF by 0.8% during the 1st quarter. Avant Financial Advisors LLC now owns 13,527 shares of the company’s stock worth $1,504,000 after purchasing an additional 106 shares during the period.

Avantis U.S. Equity ETF Stock Down 0.9%

Shares of AVUS opened at $128.63 on Friday. The company has a 50-day simple moving average of $130.04 and a 200-day simple moving average of $126.32. The company has a market capitalization of $14.65 billion, a PE ratio of 20.35 and a beta of 1.00. Avantis U.S. Equity ETF has a 52-week low of $105.72 and a 52-week 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.