Tandemgrowth Financial Advisors LLC Purchases Shares of 312,044 Avantis U.S. Equity ETF $AVUS

Tandemgrowth Financial Advisors LLC bought a new position in Avantis U.S. Equity ETF (NYSEARCA:AVUS) during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor bought 312,044 shares of the company’s stock, valued at approximately $34,880,000. Avantis U.S. Equity ETF comprises about 30.4% of Tandemgrowth Financial Advisors LLC’s investment portfolio, making the stock its biggest holding. Tandemgrowth Financial Advisors LLC owned 0.33% of Avantis U.S. Equity ETF at the end of the most recent reporting period.

Other large investors have also made changes to their positions in the company. Godfrey Financial Associates Inc. bought a new stake in shares of Avantis U.S. Equity ETF in the 4th quarter worth about $29,000. EverSource Wealth Advisors LLC grew its holdings in shares of 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 worth $36,000 after purchasing an additional 208 shares during the last quarter. Assetmark Inc. grew its holdings in shares of Avantis U.S. Equity ETF by 116.0% in the 3rd quarter. Assetmark Inc. now owns 579 shares of the company’s stock worth $63,000 after purchasing an additional 311 shares during the last quarter. Qube Research & Technologies Ltd grew its holdings in shares of Avantis U.S. Equity ETF by 17.6% in the 2nd quarter. Qube Research & Technologies Ltd now owns 964 shares of the company’s stock worth $97,000 after purchasing an additional 144 shares during the last quarter. Finally, O Shaughnessy Asset Management LLC grew its holdings in shares of Avantis U.S. Equity ETF by 140.7% in the 4th quarter. O Shaughnessy Asset Management LLC now owns 934 shares of the company’s stock worth $104,000 after purchasing an additional 546 shares during the last quarter.

Avantis U.S. Equity ETF Stock Performance

AVUS opened at $125.93 on Friday. The firm’s 50-day simple moving average is $122.14 and its 200-day simple moving average is $116.66. Avantis U.S. Equity ETF has a twelve month low of $97.00 and a twelve month high of $128.62. The firm has a market cap of $12.58 billion, a price-to-earnings 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.