Avantis U.S. Equity ETF $AVUS Shares Acquired by Tortoise Investment Management LLC

Tortoise Investment Management LLC raised its stake in Avantis U.S. Equity ETF (NYSEARCA:AVUS) by 6.0% in the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 415,640 shares of the company’s stock after purchasing an additional 23,353 shares during the period. Avantis U.S. Equity ETF accounts for 4.0% of Tortoise Investment Management LLC’s holdings, making the stock its 3rd biggest holding. Tortoise Investment Management LLC owned 0.38% of Avantis U.S. Equity ETF worth $53,235,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors have also recently made changes to their positions in the company. Brighton Jones LLC bought a new stake in Avantis U.S. Equity ETF in the 4th quarter valued at about $670,000. EverSource Wealth Advisors LLC boosted its holdings in Avantis U.S. Equity ETF by 138.7% in the second quarter. EverSource Wealth Advisors LLC now owns 358 shares of the company’s stock worth $36,000 after acquiring an additional 208 shares in the last quarter. First Trust Advisors LP grew its stake in Avantis U.S. Equity ETF by 140.4% in the second quarter. First Trust Advisors LP now owns 15,448 shares of the company’s stock valued at $1,557,000 after acquiring an additional 9,022 shares during the period. Qube Research & Technologies Ltd increased its holdings in shares of Avantis U.S. Equity ETF by 17.6% during the second quarter. Qube Research & Technologies Ltd now owns 964 shares of the company’s stock valued at $97,000 after acquiring an additional 144 shares in the last quarter. Finally, Quantinno Capital Management LP bought a new stake in shares of Avantis U.S. Equity ETF during the second quarter valued at approximately $1,901,000.

Avantis U.S. Equity ETF Stock Down 0.6%

Shares of NYSEARCA:AVUS opened at $129.44 on Thursday. Avantis U.S. Equity ETF has a twelve month low of $105.72 and a twelve month high of $132.81. The firm has a market capitalization of $14.21 billion, a price-to-earnings ratio of 20.35 and a beta of 0.99. The stock’s 50 day moving average is $129.28 and its 200-day moving average is $123.42.

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.