Tortoise Investment Management LLC Has $53.23 Million Holdings in Avantis U.S. Equity ETF $AVUS

Tortoise Investment Management LLC boosted its stake in Avantis U.S. Equity ETF (NYSEARCA:AVUS) by 6.0% in the second quarter, HoldingsChannel reports. The institutional investor owned 415,640 shares of the company’s stock after buying an additional 23,353 shares during the quarter. Avantis U.S. Equity ETF accounts for approximately 4.0% of Tortoise Investment Management LLC’s portfolio, making the stock its 3rd biggest position. Tortoise Investment Management LLC’s holdings in Avantis U.S. Equity ETF were worth $53,235,000 as of its most recent SEC filing.

Other large investors have also bought and sold shares of the company. Align Financial LLC bought a new stake in shares of Avantis U.S. Equity ETF in the 4th quarter worth $4,024,752,000. HB Wealth Management LLC lifted its position in shares of Avantis U.S. Equity ETF by 4.9% during the second quarter. HB Wealth Management LLC now owns 6,026,439 shares of the company’s stock valued at $771,865,000 after purchasing an additional 281,733 shares in the last quarter. Maseco LLP bought a new position in shares of Avantis U.S. Equity ETF during the first quarter valued at about $259,864,000. Annex Advisory Services LLC boosted its holdings in Avantis U.S. Equity ETF by 5.0% during the second quarter. Annex Advisory Services LLC now owns 2,025,359 shares of the company’s stock worth $259,408,000 after purchasing an additional 96,288 shares during the last quarter. Finally, Focus Partners Wealth boosted its holdings in Avantis U.S. Equity ETF by 2.7% during the fourth quarter. Focus Partners Wealth now owns 1,979,602 shares of the company’s stock worth $221,280,000 after purchasing an additional 52,018 shares during the last quarter.

Avantis U.S. Equity ETF Stock Performance

Shares of AVUS stock opened at $129.44 on Thursday. Avantis U.S. Equity ETF has a 52-week low of $105.72 and a 52-week high of $132.81. The company has a 50-day simple moving average of $129.28 and a two-hundred day simple moving average of $123.42. The company has a market capitalization of $14.21 billion, a price-to-earnings ratio of 20.35 and a beta of 0.99.

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.