Avantis Moderate Allocation ETF $AVMA Shares Acquired by Diversify Wealth Management LLC

Diversify Wealth Management LLC lifted its stake in shares of Avantis Moderate Allocation ETF (NYSEARCA:AVMA) by 129.3% during the first quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 15,044 shares of the company’s stock after purchasing an additional 8,484 shares during the period. Diversify Wealth Management LLC owned approximately 1.67% of Avantis Moderate Allocation ETF worth $1,060,000 at the end of the most recent quarter.

Other hedge funds have also modified their holdings of the company. Cogent Private Wealth Inc. purchased a new position in Avantis Moderate Allocation ETF in the 4th quarter worth about $6,398,000. Crosspoint Financial LLC lifted its stake in Avantis Moderate Allocation ETF by 78.4% during the fourth quarter. Crosspoint Financial LLC now owns 18,910 shares of the company’s stock valued at $1,254,000 after buying an additional 8,310 shares in the last quarter. Osaic Holdings Inc. boosted its holdings in shares of Avantis Moderate Allocation ETF by 32.3% in the fourth quarter. Osaic Holdings Inc. now owns 11,347 shares of the company’s stock worth $753,000 after buying an additional 2,771 shares during the period. Integrity Wealth Solutions LLC boosted its holdings in shares of Avantis Moderate Allocation ETF by 17.4% in the fourth quarter. Integrity Wealth Solutions LLC now owns 9,577 shares of the company’s stock worth $635,000 after buying an additional 1,420 shares during the period. Finally, Susquehanna International Group LLP purchased a new position in shares of Avantis Moderate Allocation ETF in the third quarter worth approximately $414,000.

Avantis Moderate Allocation ETF Price Performance

Avantis Moderate Allocation ETF stock opened at $72.84 on Thursday. Avantis Moderate Allocation ETF has a fifty-two week low of $61.40 and a fifty-two week high of $73.50. The firm’s 50 day simple moving average is $72.50 and its 200-day simple moving average is $70.10. The company has a market cap of $80.12 million, a P/E ratio of 16.65 and a beta of 0.66.

Avantis Moderate Allocation ETF Company Profile

The Avantis Moderate Allocation ETF (AVMA) is an exchange-traded fund that mostly invests in target risk asset allocation. The fund is an actively managed, asset allocation fund-of-funds that invests with moderate risk in a broad basket of equity and fixed income ETFs. AVMA was launched on Jun 27, 2023 and is managed by American Century Investments.