Wealth Management Partners LLC Has $15.69 Million Stake in Avantis U.S. Mid Cap Equity ETF $AVMC

Wealth Management Partners LLC lifted its stake in shares of Avantis U.S. Mid Cap Equity ETF (NYSEARCA:AVMC) by 7.2% during the first quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 217,157 shares of the company’s stock after acquiring an additional 14,579 shares during the quarter. Avantis U.S. Mid Cap Equity ETF comprises about 4.5% of Wealth Management Partners LLC’s investment portfolio, making the stock its 5th biggest holding. Wealth Management Partners LLC’s holdings in Avantis U.S. Mid Cap Equity ETF were worth $15,687,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in AVMC. Networth Advisors LLC acquired a new stake in Avantis U.S. Mid Cap Equity ETF in the fourth quarter worth approximately $12,163,000. Tiller Private Wealth Inc. acquired a new position in shares of Avantis U.S. Mid Cap Equity ETF during the 4th quarter valued at $7,161,000. Elwood & Goetz Wealth Advisory Group LLC raised its stake in shares of Avantis U.S. Mid Cap Equity ETF by 14.1% in the 4th quarter. Elwood & Goetz Wealth Advisory Group LLC now owns 394,017 shares of the company’s stock worth $27,833,000 after buying an additional 48,573 shares in the last quarter. HighTower Advisors LLC bought a new stake in shares of Avantis U.S. Mid Cap Equity ETF in the 4th quarter worth $2,902,000. Finally, McIlrath & Eck LLC lifted its holdings in shares of Avantis U.S. Mid Cap Equity ETF by 4.7% in the fourth quarter. McIlrath & Eck LLC now owns 744,556 shares of the company’s stock valued at $52,595,000 after buying an additional 33,404 shares during the period. Institutional investors 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 $78.96 on Wednesday. The business has a fifty day simple moving average of $77.80 and a 200-day simple moving average of $74.88. Avantis U.S. Mid Cap Equity ETF has a fifty-two week low of $65.01 and a fifty-two week high of $80.58.

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.