LexAurum Advisors LLC Raises Stock Position in Avantis U.S. Mid Cap Equity ETF $AVMC

LexAurum Advisors LLC boosted its stake in Avantis U.S. Mid Cap Equity ETF (NYSEARCA:AVMC) by 351.6% in the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 40,091 shares of the company’s stock after purchasing an additional 31,214 shares during the period. LexAurum Advisors LLC owned approximately 1.21% of Avantis U.S. Mid Cap Equity ETF worth $2,790,000 at the end of the most recent quarter.

A number of other hedge funds have also added to or reduced their stakes in AVMC. Team Financial Group LLC bought a new stake in shares of Avantis U.S. Mid Cap Equity ETF in the third quarter worth $46,000. Ameritas Advisory Services LLC purchased a new position in Avantis U.S. Mid Cap Equity ETF in the second quarter worth about $64,000. Osaic Holdings Inc. grew its stake in shares of Avantis U.S. Mid Cap Equity ETF by 232.9% during the 2nd quarter. Osaic Holdings Inc. now owns 3,073 shares of the company’s stock valued at $203,000 after purchasing an additional 2,150 shares during the period. Wealth Management Partners LLC grew its stake in shares of Avantis U.S. Mid Cap Equity ETF by 214.0% during the 3rd quarter. Wealth Management Partners LLC now owns 10,003 shares of the company’s stock valued at $696,000 after purchasing an additional 6,817 shares during the period. Finally, MML Investors Services LLC increased its position in shares of Avantis U.S. Mid Cap Equity ETF by 62.7% during the 2nd quarter. MML Investors Services LLC now owns 11,645 shares of the company’s stock valued at $771,000 after purchasing an additional 4,486 shares during the last quarter. 0.13% of the stock is currently owned by hedge funds and other institutional investors.

Avantis U.S. Mid Cap Equity ETF Price Performance

AVMC opened at $75.96 on Monday. The company’s 50 day moving average is $72.49 and its 200 day 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.