Invariant Investment Management Purchases 24,062 Shares of Avantis U.S. Equity ETF $AVUS

Invariant Investment Management purchased a new position in shares of Avantis U.S. Equity ETF (NYSEARCA:AVUS) during the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm purchased 24,062 shares of the company’s stock, valued at approximately $3,118,000. Avantis U.S. Equity ETF accounts for about 1.8% of Invariant Investment Management’s investment portfolio, making the stock its 11th largest holding.

Other institutional investors have also modified their holdings of the company. NewEdge Advisors LLC boosted its stake in shares of Avantis U.S. Equity ETF by 0.3% in the second quarter. NewEdge Advisors LLC now owns 25,333 shares of the company’s stock worth $3,245,000 after buying an additional 81 shares during the last quarter. Tranquility Partners LLC raised its position in Avantis U.S. Equity ETF by 1.9% during the first quarter. Tranquility Partners LLC now owns 4,704 shares of the company’s stock valued at $523,000 after acquiring an additional 89 shares in the last quarter. FAS Wealth Partners Inc. raised its position in Avantis U.S. Equity ETF by 1.3% during the first quarter. FAS Wealth Partners Inc. now owns 7,604 shares of the company’s stock valued at $845,000 after acquiring an additional 95 shares in the last quarter. Avant Financial Advisors LLC lifted its holdings in Avantis U.S. Equity ETF by 0.8% in the first quarter. Avant Financial Advisors LLC now owns 13,527 shares of the company’s stock valued at $1,504,000 after acquiring an additional 106 shares during the period. Finally, Oceanside Advisors LLC lifted its holdings in Avantis U.S. Equity ETF by 2.2% in the first quarter. Oceanside Advisors LLC now owns 4,996 shares of the company’s stock valued at $555,000 after acquiring an additional 109 shares during the period.

Avantis U.S. Equity ETF Trading Down 0.1%

Avantis U.S. Equity ETF stock traded down $0.14 during mid-day trading on Thursday, hitting $130.06. The company had a trading volume of 553,196 shares, compared to its average volume of 323,195. The company has a market capitalization of $14.67 billion, a price-to-earnings ratio of 20.35 and a beta of 1.00. Avantis U.S. Equity ETF has a 12-month low of $105.72 and a 12-month high of $132.81. The company’s fifty day moving average is $130.08 and its 200-day moving average is $125.62.

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.