Avantis U.S. Mid Cap Equity ETF $AVMC Shares Bought by LexAurum Advisors LLC

LexAurum Advisors LLC raised its holdings in shares of Avantis U.S. Mid Cap Equity ETF (NYSEARCA:AVMC) by 351.6% during the third quarter, HoldingsChannel.com reports. The firm owned 40,091 shares of the company’s stock after buying an additional 31,214 shares during the period. LexAurum Advisors LLC’s holdings in Avantis U.S. Mid Cap Equity ETF were worth $2,790,000 as of its most recent SEC filing.

A number of other institutional investors have also recently made changes to their positions in AVMC. Team Financial Group LLC acquired a new position in Avantis U.S. Mid Cap Equity ETF during the 3rd quarter valued at about $46,000. Envestnet Asset Management Inc. increased its holdings in shares of Avantis U.S. Mid Cap Equity ETF by 8.2% during the third quarter. Envestnet Asset Management Inc. now owns 12,600 shares of the company’s stock valued at $877,000 after acquiring an additional 955 shares in the last quarter. Ameritas Advisory Services LLC purchased a new position in shares of Avantis U.S. Mid Cap Equity ETF in the 2nd quarter valued at approximately $64,000. Endeavor Private Wealth Inc. boosted its stake in Avantis U.S. Mid Cap Equity ETF by 7.9% in the 3rd quarter. Endeavor Private Wealth Inc. now owns 19,012 shares of the company’s stock worth $1,323,000 after purchasing an additional 1,397 shares in the last quarter. Finally, Berger Financial Group Inc boosted its stake in Avantis U.S. Mid Cap Equity ETF by 0.8% in the 3rd quarter. Berger Financial Group Inc now owns 220,886 shares of the company’s stock worth $15,370,000 after purchasing an additional 1,779 shares in the last quarter. Institutional investors and hedge funds own 0.13% of the company’s stock.

Avantis U.S. Mid Cap Equity ETF Stock Performance

Shares of Avantis U.S. Mid Cap Equity ETF stock opened at $75.96 on Monday. The firm’s 50 day simple moving average is $72.49 and its two-hundred day simple moving average is $70.15. Avantis U.S. Mid Cap Equity ETF has a 12-month low of $53.29 and a 12-month high of $75.97.

Avantis U.S. Mid Cap Equity ETF 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.