Intelligence Driven Advisers LLC Buys 3,954 Shares of Avantis U.S. Equity ETF $AVUS

Intelligence Driven Advisers LLC purchased a new stake in Avantis U.S. Equity ETF (NYSEARCA:AVUS) in the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor purchased 3,954 shares of the company’s stock, valued at approximately $506,000.

Several other hedge funds and other institutional investors also recently bought and sold shares of the stock. Align Financial LLC acquired a new position in shares of Avantis U.S. Equity ETF during the fourth quarter valued at about $4,024,752,000. HB Wealth Management LLC grew 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 buying an additional 281,733 shares in the last quarter. Maseco LLP bought a new position in Avantis U.S. Equity ETF during the first quarter valued at about $259,864,000. Annex Advisory Services LLC raised its holdings in 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 acquiring an additional 96,288 shares in the last quarter. Finally, Envestnet Asset Management Inc. raised its holdings in 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 acquiring an additional 177,765 shares in the last quarter.

Avantis U.S. Equity ETF Stock Up 0.3%

Shares of AVUS stock traded up $0.39 during mid-day trading on Friday, reaching $130.45. The stock had a trading volume of 131,137 shares, compared to its average volume of 322,170. The firm’s 50 day simple moving average is $130.08 and its 200 day simple moving average is $125.62. Avantis U.S. Equity ETF has a one year low of $105.72 and a one year high of $132.81. The firm has a market cap of $14.73 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.