HighTower Advisors LLC Makes New Investment in Avantis U.S. Mid Cap Equity ETF $AVMC

HighTower Advisors LLC bought a new position in shares of Avantis U.S. Mid Cap Equity ETF (NYSEARCA:AVMC) during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm bought 41,086 shares of the company’s stock, valued at approximately $2,902,000. HighTower Advisors LLC owned 1.08% of Avantis U.S. Mid Cap Equity ETF at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in AVMC. Team Financial Group LLC raised its position in shares of Avantis U.S. Mid Cap Equity ETF by 89.3% during the fourth quarter. Team Financial Group LLC now owns 1,257 shares of the company’s stock valued at $89,000 after buying an additional 593 shares during the last quarter. Accredited Wealth Management LLC raised its position in shares of Avantis U.S. Mid Cap Equity ETF by 945.3% during the third quarter. Accredited Wealth Management LLC now owns 1,432 shares of the company’s stock valued at $100,000 after buying an additional 1,295 shares during the last quarter. Osaic Holdings Inc. raised its position in shares of Avantis U.S. Mid Cap Equity ETF by 232.9% during the second quarter. Osaic Holdings Inc. now owns 3,073 shares of the company’s stock valued at $203,000 after buying an additional 2,150 shares during the last quarter. HTG Investment Advisors Inc. bought a new stake in shares of Avantis U.S. Mid Cap Equity ETF during the third quarter valued at approximately $248,000. Finally, SRH Advisors LLC bought a new stake in shares of Avantis U.S. Mid Cap Equity ETF during the fourth quarter valued at approximately $487,000. Institutional investors own 0.13% of the company’s stock.

Avantis U.S. Mid Cap Equity ETF Trading Down 0.1%

Avantis U.S. Mid Cap Equity ETF stock opened at $78.62 on Friday. Avantis U.S. Mid Cap Equity ETF has a 1 year low of $63.35 and a 1 year high of $79.54. The firm’s 50 day moving average price is $75.68 and its 200-day moving average price is $73.69.

Avantis U.S. Mid Cap Equity ETF Company 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.