ARK & TLK Investments LLC Increases Position in Avantis U.S. Equity ETF $AVUS

ARK & TLK Investments LLC increased its stake in shares of Avantis U.S. Equity ETF (NYSEARCA:AVUS) by 32.2% in the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 35,203 shares of the company’s stock after purchasing an additional 8,577 shares during the quarter. Avantis U.S. Equity ETF makes up 1.1% of ARK & TLK Investments LLC’s holdings, making the stock its 16th largest position. ARK & TLK Investments LLC’s holdings in Avantis U.S. Equity ETF were worth $3,549,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors also recently added to or reduced their stakes in AVUS. HB Wealth Management LLC raised its holdings in Avantis U.S. Equity ETF by 218.1% in the second quarter. HB Wealth Management LLC now owns 3,735,407 shares of the company’s stock worth $376,603,000 after purchasing an additional 2,561,165 shares in the last quarter. Maseco LLP bought a new stake in shares of Avantis U.S. Equity ETF in the 2nd quarter valued at about $211,002,000. Simplicity Wealth LLC grew its position in shares of Avantis U.S. Equity ETF by 111.9% in the 2nd quarter. Simplicity Wealth LLC now owns 1,359,030 shares of the company’s stock worth $137,017,000 after buying an additional 717,634 shares during the last quarter. Commonwealth Equity Services LLC raised its stake in shares of Avantis U.S. Equity ETF by 151.9% during the 1st quarter. Commonwealth Equity Services LLC now owns 1,076,711 shares of the company’s stock worth $99,467,000 after acquiring an additional 649,341 shares in the last quarter. Finally, B&D White Capital Company LLC raised its stake in shares of Avantis U.S. Equity ETF by 44.1% during the 1st quarter. B&D White Capital Company LLC now owns 871,830 shares of the company’s stock worth $80,540,000 after acquiring an additional 266,654 shares in the last quarter.

Avantis U.S. Equity ETF Stock Down 0.4%

Shares of AVUS opened at $111.02 on Tuesday. The company has a 50 day moving average of $109.10 and a two-hundred day moving average of $104.59. Avantis U.S. Equity ETF has a twelve month low of $79.20 and a twelve month high of $111.62. The company has a market cap of $10.11 billion, a price-to-earnings ratio of 20.35 and a beta of 1.02.

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.