Palo Alto Wealth Advisors LLC Increases Holdings in Avantis U.S. Mid Cap Equity ETF $AVMC

Palo Alto Wealth Advisors LLC boosted its position in Avantis U.S. Mid Cap Equity ETF (NYSEARCA:AVMC) by 29.1% in the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 68,650 shares of the company’s stock after purchasing an additional 15,480 shares during the period. Avantis U.S. Mid Cap Equity ETF comprises 2.8% of Palo Alto Wealth Advisors LLC’s investment portfolio, making the stock its 11th biggest position. Palo Alto Wealth Advisors LLC owned approximately 2.08% of Avantis U.S. Mid Cap Equity ETF worth $4,788,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently bought and sold shares of AVMC. McIlrath & Eck LLC grew its holdings in Avantis U.S. Mid Cap Equity ETF by 3.7% in the third quarter. McIlrath & Eck LLC now owns 711,152 shares of the company’s stock valued at $49,483,000 after purchasing an additional 25,241 shares during the last quarter. Elwood & Goetz Wealth Advisory Group LLC boosted its position in shares of Avantis U.S. Mid Cap Equity ETF by 929.7% in the 3rd quarter. Elwood & Goetz Wealth Advisory Group LLC now owns 345,444 shares of the company’s stock worth $24,036,000 after buying an additional 311,897 shares in the last quarter. Berger Financial Group Inc grew 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 valued at $15,370,000 after acquiring an additional 1,779 shares during the last quarter. CGN Advisors LLC grew its stake in Avantis U.S. Mid Cap Equity ETF by 3.1% in the 3rd quarter. CGN Advisors LLC now owns 175,244 shares of the company’s stock valued at $12,194,000 after acquiring an additional 5,231 shares during the last quarter. Finally, American Century Companies Inc. increased its holdings in Avantis U.S. Mid Cap Equity ETF by 7.4% during the 2nd quarter. American Century Companies Inc. now owns 118,620 shares of the company’s stock valued at $7,851,000 after acquiring an additional 8,184 shares in the last quarter. 0.13% of the stock is owned by institutional investors and hedge funds.

Avantis U.S. Mid Cap Equity ETF Stock Performance

Shares of AVMC opened at $74.53 on Friday. Avantis U.S. Mid Cap Equity ETF has a 12-month low of $53.29 and a 12-month high of $76.88. The company has a 50-day moving average of $74.31 and a two-hundred day moving average of $71.22.

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.