Lam Group Inc. Boosts Stock Position in Avantis U.S. Equity ETF (NYSEARCA:AVUS)

Lam Group Inc. lifted its position in Avantis U.S. Equity ETF (NYSEARCA:AVUS) by 20.6% in the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 9,680 shares of the company’s stock after purchasing an additional 1,655 shares during the quarter. Lam Group Inc.’s holdings in Avantis U.S. Equity ETF were worth $921,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently modified their holdings of the company. National Bank of Canada FI acquired a new stake in Avantis U.S. Equity ETF during the 2nd quarter valued at approximately $25,000. Global Trust Asset Management LLC raised its holdings in shares of Avantis U.S. Equity ETF by 833.3% during the second quarter. Global Trust Asset Management LLC now owns 280 shares of the company’s stock worth $25,000 after purchasing an additional 250 shares during the last quarter. Private Ocean LLC acquired a new position in Avantis U.S. Equity ETF during the second quarter valued at $69,000. LRI Investments LLC purchased a new stake in Avantis U.S. Equity ETF in the first quarter valued at $135,000. Finally, O Shaughnessy Asset Management LLC acquired a new stake in Avantis U.S. Equity ETF during the 1st quarter worth about $176,000.

Avantis U.S. Equity ETF Trading Up 0.2 %

Shares of NYSEARCA AVUS traded up $0.18 during trading on Friday, reaching $97.22. 142,579 shares of the company traded hands, compared to its average volume of 254,095. Avantis U.S. Equity ETF has a 12-month low of $69.57 and a 12-month high of $97.51. The stock has a market cap of $7.01 billion, a P/E ratio of 17.22 and a beta of 1.00. The firm’s fifty day simple moving average is $93.48 and its 200 day simple moving average is $90.69.

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.