AE Wealth Management LLC Acquires 26,096 Shares of Avantis U.S. Mid Cap Equity ETF $AVMC

AE Wealth Management LLC lifted its holdings in Avantis U.S. Mid Cap Equity ETF (NYSEARCA:AVMC) by 35.4% in the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 99,881 shares of the company’s stock after buying an additional 26,096 shares during the quarter. AE Wealth Management LLC owned about 2.63% of Avantis U.S. Mid Cap Equity ETF worth $7,056,000 at the end of the most recent quarter.

A number of other institutional investors have also made changes to their positions in AVMC. Team Financial Group LLC increased its position in Avantis U.S. Mid Cap Equity ETF by 89.3% in the fourth quarter. Team Financial Group LLC now owns 1,257 shares of the company’s stock worth $89,000 after purchasing an additional 593 shares during the period. Accredited Wealth Management LLC increased its position in Avantis U.S. Mid Cap Equity ETF by 945.3% in the third quarter. Accredited Wealth Management LLC now owns 1,432 shares of the company’s stock worth $100,000 after purchasing an additional 1,295 shares during the period. Osaic Holdings Inc. increased its position in Avantis U.S. Mid Cap Equity ETF by 232.9% in the second quarter. Osaic Holdings Inc. now owns 3,073 shares of the company’s stock worth $203,000 after purchasing an additional 2,150 shares during the period. HTG Investment Advisors Inc. acquired a new stake in Avantis U.S. Mid Cap Equity ETF in the third quarter worth about $248,000. Finally, SRH Advisors LLC acquired a new stake in Avantis U.S. Mid Cap Equity ETF in the fourth quarter worth about $487,000. 0.13% of the stock is owned by institutional investors.

Avantis U.S. Mid Cap Equity ETF Trading Up 1.4%

Shares of AVMC stock opened at $77.12 on Friday. The stock has a 50-day moving average price of $74.19 and a 200 day moving average price of $72.07. Avantis U.S. Mid Cap Equity ETF has a 12 month low of $56.21 and a 12 month high of $77.52.

About Avantis U.S. Mid Cap Equity ETF

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.