Hutchens & Kramer Investment Management Group LLC Raises Stock Position in Avantis U.S. Equity ETF $AVUS

Hutchens & Kramer Investment Management Group LLC lifted its holdings in shares of Avantis U.S. Equity ETF (NYSEARCA:AVUS) by 48.8% in the fourth quarter, HoldingsChannel reports. The institutional investor owned 276,001 shares of the company’s stock after buying an additional 90,467 shares during the period. Avantis U.S. Equity ETF makes up about 10.7% of Hutchens & Kramer Investment Management Group LLC’s holdings, making the stock its largest holding. Hutchens & Kramer Investment Management Group LLC’s holdings in Avantis U.S. Equity ETF were worth $30,851,000 at the end of the most recent reporting period.

Several other hedge funds also recently modified their holdings of AVUS. EverSource Wealth Advisors LLC increased its position in shares of 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 valued at $36,000 after acquiring an additional 208 shares during the last quarter. Parkside Financial Bank & Trust boosted its position in Avantis U.S. Equity ETF by 151.0% during the third quarter. Parkside Financial Bank & Trust now owns 394 shares of the company’s stock valued at $43,000 after purchasing an additional 237 shares during the last quarter. Promus Capital LLC acquired a new position in Avantis U.S. Equity ETF during the second quarter valued at approximately $48,000. Trust Co. of Vermont bought a new position in Avantis U.S. Equity ETF in the third quarter valued at approximately $51,000. Finally, Assetmark Inc. grew its stake in Avantis U.S. Equity ETF by 116.0% in the third quarter. Assetmark Inc. now owns 579 shares of the company’s stock valued at $63,000 after purchasing an additional 311 shares in the last quarter.

Avantis U.S. Equity ETF Stock Down 1.5%

NYSEARCA:AVUS opened at $109.99 on Friday. Avantis U.S. Equity ETF has a twelve month low of $79.20 and a twelve month high of $118.27. The firm has a market capitalization of $10.52 billion, a price-to-earnings ratio of 20.35 and a beta of 1.02. The stock’s 50 day moving average price is $115.15 and its two-hundred day moving average price is $111.76.

Avantis U.S. Equity ETF Company 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.