CGN Advisors LLC Has $14.51 Million Stake in Avantis U.S. Mid Cap Equity ETF $AVMC

CGN Advisors LLC increased its position in Avantis U.S. Mid Cap Equity ETF (NYSEARCA:AVMC) by 9.3% during the second quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 180,847 shares of the company’s stock after purchasing an additional 15,386 shares during the period. Avantis U.S. Mid Cap Equity ETF makes up 1.1% of CGN Advisors LLC’s investment portfolio, making the stock its 19th largest holding. CGN Advisors LLC owned about 3.29% of Avantis U.S. Mid Cap Equity ETF worth $14,513,000 at the end of the most recent quarter.

A number of other large investors also recently modified their holdings of the company. Kingdom Financial Group LLC. bought a new stake in Avantis U.S. Mid Cap Equity ETF during the 4th quarter valued at $62,000. Osaic Holdings Inc. raised its holdings in Avantis U.S. Mid Cap Equity ETF by 232.9% during the second quarter. Osaic Holdings Inc. now owns 3,073 shares of the company’s stock worth $203,000 after buying an additional 2,150 shares during the last quarter. Mosaic Family Wealth Partners LLC bought a new position in shares of Avantis U.S. Mid Cap Equity ETF in the fourth quarter valued at $236,000. Skyview Financial Group LLC bought a new position in shares of Avantis U.S. Mid Cap Equity ETF in the fourth quarter valued at $306,000. Finally, Equitable Holdings Inc. bought a new position in shares of Avantis U.S. Mid Cap Equity ETF in the fourth quarter valued at $310,000. 0.13% of the stock is currently owned by institutional investors.

Avantis U.S. Mid Cap Equity ETF Trading Up 1.4%

Shares of NYSEARCA AVMC opened at $81.40 on Wednesday. The company has a 50-day moving average price of $79.27 and a 200-day moving average price of $76.52. Avantis U.S. Mid Cap Equity ETF has a 1 year low of $66.54 and a 1 year high of $81.54.

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.