CGN Advisors LLC Lowers Position in Avantis U.S. Mid Cap Equity ETF $AVMC

CGN Advisors LLC decreased its holdings in shares of Avantis U.S. Mid Cap Equity ETF (NYSEARCA:AVMC) by 4.3% in the 4th quarter, according to its most recent Form 13F filing with the SEC. The firm owned 167,793 shares of the company’s stock after selling 7,451 shares during the period. Avantis U.S. Mid Cap Equity ETF makes up about 0.9% of CGN Advisors LLC’s holdings, making the stock its 23rd largest holding. CGN Advisors LLC owned 4.66% of Avantis U.S. Mid Cap Equity ETF worth $11,853,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also added to or reduced their stakes in AVMC. Envestnet Asset Management Inc. raised its holdings in shares of Avantis U.S. Mid Cap Equity ETF by 62.7% in the 2nd quarter. Envestnet Asset Management Inc. now owns 11,645 shares of the company’s stock valued at $771,000 after acquiring an additional 4,486 shares in the last quarter. American Century Companies Inc. increased its position in shares of Avantis U.S. Mid Cap Equity ETF by 7.4% in the second quarter. American Century Companies Inc. now owns 118,620 shares of the company’s stock worth $7,851,000 after purchasing an additional 8,184 shares during the last quarter. Balance Wealth LLC bought a new position in shares of Avantis U.S. Mid Cap Equity ETF in the second quarter worth approximately $2,154,000. McIlrath & Eck LLC raised its stake in Avantis U.S. Mid Cap Equity ETF by 4.4% in the second quarter. McIlrath & Eck LLC now owns 685,911 shares of the company’s stock valued at $45,400,000 after purchasing an additional 29,004 shares in the last quarter. Finally, MML Investors Services LLC raised its stake in Avantis U.S. Mid Cap Equity ETF by 62.7% in the second quarter. MML Investors Services LLC now owns 11,645 shares of the company’s stock valued at $771,000 after purchasing an additional 4,486 shares in the last quarter. 0.13% of the stock is currently owned by hedge funds and other institutional investors.

Avantis U.S. Mid Cap Equity ETF Trading Up 0.3%

Shares of Avantis U.S. Mid Cap Equity ETF stock opened at $72.02 on Friday. Avantis U.S. Mid Cap Equity ETF has a 1 year low of $53.29 and a 1 year high of $76.88. The company has a 50 day simple moving average of $74.42 and a two-hundred day simple moving average of $71.47.

Avantis U.S. Mid Cap Equity ETF Profile

The Avantis U.S. Mid Cap Equity ETF (AVMC) is an exchange-traded fund that mostly invests in mid cap equity. The fund seeks long-term capital appreciation through an actively managed portfolio of US mid-cap companies selected based on fundamental criteria. AVMC was launched on Nov 7, 2023 and is issued by American Century Investments.