HTG Investment Advisors Inc. Grows Stake in Avantis U.S. Equity ETF $AVUS

HTG Investment Advisors Inc. raised its stake in Avantis U.S. Equity ETF (NYSEARCA:AVUS) by 2.7% in the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 212,066 shares of the company’s stock after purchasing an additional 5,514 shares during the quarter. Avantis U.S. Equity ETF makes up about 7.8% of HTG Investment Advisors Inc.’s portfolio, making the stock its 2nd biggest holding. HTG Investment Advisors Inc. owned 0.23% of Avantis U.S. Equity ETF worth $23,052,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Great Point Wealth Advisors LLC acquired a new stake in shares of Avantis U.S. Equity ETF during the 3rd quarter worth about $122,327,000. Highland Financial Advisors LLC raised its holdings in Avantis U.S. Equity ETF by 3.7% in the 3rd quarter. Highland Financial Advisors LLC now owns 306,873 shares of the company’s stock valued at $33,357,000 after acquiring an additional 10,921 shares during the period. Bank of New York Mellon Corp lifted its position in Avantis U.S. Equity ETF by 6.5% during the second quarter. Bank of New York Mellon Corp now owns 574,539 shares of the company’s stock worth $57,925,000 after acquiring an additional 35,161 shares during the last quarter. Fonville Wealth Management LLC lifted its position in Avantis U.S. Equity ETF by 5.4% during the third quarter. Fonville Wealth Management LLC now owns 122,088 shares of the company’s stock worth $13,271,000 after acquiring an additional 6,239 shares during the last quarter. Finally, Betterment LLC boosted its holdings in shares of Avantis U.S. Equity ETF by 8.5% during the second quarter. Betterment LLC now owns 60,610 shares of the company’s stock worth $6,111,000 after acquiring an additional 4,735 shares during the period.

Avantis U.S. Equity ETF Trading Up 0.3%

Avantis U.S. Equity ETF stock opened at $115.98 on Friday. The company has a market capitalization of $11.09 billion, a price-to-earnings ratio of 20.35 and a beta of 1.02. Avantis U.S. Equity ETF has a 12 month low of $79.20 and a 12 month high of $118.27. The stock’s 50 day moving average is $114.16 and its 200-day moving average is $110.00.

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.