Avantis U.S. Equity ETF $AVUS Stake Boosted by Hutchens & Kramer Investment Management Group LLC

Hutchens & Kramer Investment Management Group LLC raised its stake in Avantis U.S. Equity ETF (NYSEARCA:AVUS) by 16.2% in the 2nd quarter, HoldingsChannel.com reports. The firm owned 348,287 shares of the company’s stock after acquiring an additional 48,606 shares during the period. Avantis U.S. Equity ETF comprises 12.2% of Hutchens & Kramer Investment Management Group LLC’s holdings, making the stock its largest position. Hutchens & Kramer Investment Management Group LLC’s holdings in Avantis U.S. Equity ETF were worth $44,609,000 at the end of the most recent reporting period.

Other institutional investors have also recently made changes to their positions in the company. Tandemgrowth Financial Advisors LLC bought a new stake in Avantis U.S. Equity ETF in the 4th quarter worth $34,880,000. Focus Partners Advisor Solutions LLC increased its position in shares of Avantis U.S. Equity ETF by 50.2% in the fourth quarter. Focus Partners Advisor Solutions LLC now owns 306,043 shares of the company’s stock valued at $34,210,000 after acquiring an additional 102,264 shares during the period. Trailhead Planners LLC bought a new position in shares of Avantis U.S. Equity ETF during the fourth quarter valued at about $1,761,000. Mattson Financial Services LLC raised its stake in shares of Avantis U.S. Equity ETF by 34.3% during the fourth quarter. Mattson Financial Services LLC now owns 46,968 shares of the company’s stock valued at $5,250,000 after acquiring an additional 11,986 shares during the last quarter. Finally, Kestra Investment Management LLC raised its stake in shares of Avantis U.S. Equity ETF by 15.8% during the fourth quarter. Kestra Investment Management LLC now owns 76,862 shares of the company’s stock valued at $8,592,000 after acquiring an additional 10,485 shares during the last quarter.

Avantis U.S. Equity ETF Trading Down 0.1%

Avantis U.S. Equity ETF stock opened at $131.29 on Friday. The firm has a market cap of $14.42 billion, a P/E ratio of 20.35 and a beta of 0.99. Avantis U.S. Equity ETF has a 1-year low of $105.72 and a 1-year high of $132.81. The firm has a 50-day moving average of $129.12 and a 200-day moving average of $123.08.

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.