Farther Finance Advisors LLC Grows Holdings in Avantis U.S. Mid Cap Value ETF $AVMV

Farther Finance Advisors LLC raised its position in Avantis U.S. Mid Cap Value ETF (NYSEARCA:AVMV) by 15.0% during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 54,197 shares of the company’s stock after purchasing an additional 7,073 shares during the period. Farther Finance Advisors LLC owned about 0.99% of Avantis U.S. Mid Cap Value ETF worth $3,859,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Evensky & Katz LLC lifted its holdings in Avantis U.S. Mid Cap Value ETF by 38.9% in the 3rd quarter. Evensky & Katz LLC now owns 696,843 shares of the company’s stock valued at $48,005,000 after purchasing an additional 195,276 shares in the last quarter. Team Financial Group LLC lifted its holdings in Avantis U.S. Mid Cap Value ETF by 4.1% in the 4th quarter. Team Financial Group LLC now owns 89,556 shares of the company’s stock valued at $6,376,000 after purchasing an additional 3,488 shares in the last quarter. First National Bank Sioux Falls lifted its holdings in Avantis U.S. Mid Cap Value ETF by 19.8% in the 3rd quarter. First National Bank Sioux Falls now owns 27,486 shares of the company’s stock valued at $1,893,000 after purchasing an additional 4,552 shares in the last quarter. Harbor Investment Advisory LLC purchased a new position in Avantis U.S. Mid Cap Value ETF in the 4th quarter valued at about $85,000. Finally, Cloud Capital Management LLC purchased a new position in Avantis U.S. Mid Cap Value ETF in the 3rd quarter valued at about $80,000.

Avantis U.S. Mid Cap Value ETF Trading Up 1.3%

NYSEARCA:AVMV opened at $77.71 on Friday. The firm has a market cap of $551.74 million, a price-to-earnings ratio of 14.42 and a beta of 1.11. The company’s 50-day moving average is $75.51 and its two-hundred day moving average is $72.49. Avantis U.S. Mid Cap Value ETF has a 12-month low of $55.40 and a 12-month high of $78.73.

About Avantis U.S. Mid Cap Value ETF

The Avantis U.S. Mid Cap Value ETF (AVMV) 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 value companies selected based on fundamental criteria. AVMV was launched on Nov 7, 2023 and is issued by American Century Investments.