3,324 Shares in Avantis Moderate Allocation ETF $AVMA Acquired by Arlington Financial Advisors LLC

Arlington Financial Advisors LLC acquired a new position in Avantis Moderate Allocation ETF (NYSEARCA:AVMA) in the 2nd quarter, Holdings Channel reports. The firm acquired 3,324 shares of the company’s stock, valued at approximately $204,000.

Several other hedge funds also recently added to or reduced their stakes in the business. Vawter Financial Ltd. grew its position in Avantis Moderate Allocation ETF by 9.0% in the first quarter. Vawter Financial Ltd. now owns 15,737 shares of the company’s stock worth $913,000 after acquiring an additional 1,294 shares during the period. Integrity Wealth Solutions LLC boosted its position in shares of Avantis Moderate Allocation ETF by 11.5% during the first quarter. Integrity Wealth Solutions LLC now owns 7,395 shares of the company’s stock worth $429,000 after buying an additional 765 shares during the period. Finally, Crosspoint Financial LLC purchased a new position in shares of Avantis Moderate Allocation ETF during the first quarter worth $290,000.

Avantis Moderate Allocation ETF Stock Up 0.4%

AVMA opened at $64.93 on Wednesday. Avantis Moderate Allocation ETF has a 52 week low of $52.83 and a 52 week high of $65.56. The business has a fifty day simple moving average of $64.24 and a 200-day simple moving average of $61.22. The firm has a market cap of $45.45 million, a P/E ratio of 16.65 and a beta of 0.71.

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.