Orion Capital Management LLC Increases Position in Avantis U.S. Equity ETF (NYSEARCA:AVUS)

Orion Capital Management LLC lifted its position in shares of Avantis U.S. Equity ETF (NYSEARCA:AVUS) by 17.4% during the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 106,454 shares of the company’s stock after purchasing an additional 15,781 shares during the quarter. Avantis U.S. Equity ETF accounts for 4.9% of Orion Capital Management LLC’s portfolio, making the stock its 4th largest position. Orion Capital Management LLC owned approximately 0.15% of Avantis U.S. Equity ETF worth $10,129,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Clarity Asset Management Inc. lifted its position in Avantis U.S. Equity ETF by 10.1% in the 3rd quarter. Clarity Asset Management Inc. now owns 2,149 shares of the company’s stock valued at $204,000 after acquiring an additional 197 shares in the last quarter. Orion Portfolio Solutions LLC lifted its position in Avantis U.S. Equity ETF by 49.2% in the 3rd quarter. Orion Portfolio Solutions LLC now owns 7,087 shares of the company’s stock valued at $674,000 after acquiring an additional 2,337 shares in the last quarter. Stifel Financial Corp lifted its position in Avantis U.S. Equity ETF by 4.4% in the 3rd quarter. Stifel Financial Corp now owns 100,499 shares of the company’s stock valued at $9,562,000 after acquiring an additional 4,271 shares in the last quarter. SageView Advisory Group LLC lifted its position in Avantis U.S. Equity ETF by 0.5% in the 3rd quarter. SageView Advisory Group LLC now owns 28,933 shares of the company’s stock valued at $2,753,000 after acquiring an additional 133 shares in the last quarter. Finally, IHT Wealth Management LLC lifted its position in Avantis U.S. Equity ETF by 9.2% in the 3rd quarter. IHT Wealth Management LLC now owns 228,727 shares of the company’s stock valued at $21,757,000 after acquiring an additional 19,258 shares in the last quarter.

Avantis U.S. Equity ETF Trading Down 0.7 %

AVUS opened at $101.10 on Tuesday. Avantis U.S. Equity ETF has a 12 month low of $78.16 and a 12 month high of $102.23. The firm’s fifty day simple moving average is $98.05 and its 200 day simple moving average is $93.63. The stock has a market capitalization of $7.29 billion, a P/E ratio of 17.22 and a beta of 1.00.

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.