Balance Wealth LLC Takes $1.41 Million Position in Avantis U.S. Mid Cap Equity ETF $AVMC

Balance Wealth LLC purchased a new stake in shares of Avantis U.S. Mid Cap Equity ETF (NYSEARCA:AVMC) during the 1st quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund purchased 19,509 shares of the company’s stock, valued at approximately $1,409,000. Balance Wealth LLC owned approximately 0.44% of Avantis U.S. Mid Cap Equity ETF as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in AVMC. Kingdom Financial Group LLC. purchased a new position in Avantis U.S. Mid Cap Equity ETF during the fourth quarter valued at $62,000. Team Financial Group LLC grew its position in shares of Avantis U.S. Mid Cap Equity ETF by 89.3% in the 4th quarter. Team Financial Group LLC now owns 1,257 shares of the company’s stock worth $89,000 after buying an additional 593 shares during the period. Accredited Wealth Management LLC increased its stake in shares of Avantis U.S. Mid Cap Equity ETF by 945.3% in the 3rd quarter. Accredited Wealth Management LLC now owns 1,432 shares of the company’s stock worth $100,000 after acquiring an additional 1,295 shares in the last quarter. Osaic Holdings Inc. lifted its position in Avantis U.S. Mid Cap Equity ETF by 232.9% during the 2nd quarter. Osaic Holdings Inc. now owns 3,073 shares of the company’s stock valued at $203,000 after acquiring an additional 2,150 shares during the period. Finally, Mosaic Family Wealth Partners LLC bought a new stake in Avantis U.S. Mid Cap Equity ETF during the fourth quarter worth about $236,000. 0.13% of the stock is owned by hedge funds and other institutional investors.

Avantis U.S. Mid Cap Equity ETF Price Performance

NYSEARCA:AVMC opened at $80.20 on Friday. Avantis U.S. Mid Cap Equity ETF has a one year low of $65.46 and a one year high of $80.94. The company’s 50-day simple moving average is $77.96 and its 200 day simple moving average is $75.01.

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.