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

Lam Group Inc. boosted its stake in Avantis U.S. Equity ETF (NYSEARCA:AVUS) by 7.7% in the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 10,430 shares of the company’s stock after acquiring an additional 750 shares during the quarter. Lam Group Inc.’s holdings in Avantis U.S. Equity ETF were worth $1,011,000 at the end of the most recent reporting period.

Several other large investors also recently bought and sold shares of the company. Global Trust Asset Management LLC grew its stake in shares of Avantis U.S. Equity ETF by 71.4% during the third quarter. Global Trust Asset Management LLC now owns 480 shares of the company’s stock valued at $46,000 after acquiring an additional 200 shares in the last quarter. Fortitude Family Office LLC acquired a new stake in Avantis U.S. Equity ETF during the 3rd quarter valued at approximately $95,000. Global Wealth Strategies & Associates purchased a new stake in Avantis U.S. Equity ETF during the 4th quarter worth approximately $97,000. Empower Advisory Group LLC acquired a new position in shares of Avantis U.S. Equity ETF in the 3rd quarter valued at approximately $202,000. Finally, Abacus Wealth Partners LLC purchased a new position in shares of Avantis U.S. Equity ETF during the 3rd quarter valued at approximately $203,000.

Avantis U.S. Equity ETF Trading Up 0.8 %

AVUS stock opened at $99.85 on Tuesday. The firm has a 50 day simple moving average of $99.32 and a 200-day simple moving average of $95.39. The company has a market capitalization of $7.20 billion, a P/E ratio of 17.22 and a beta of 1.00. Avantis U.S. Equity ETF has a twelve month low of $79.88 and a twelve month high of $102.23.

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.