PFG Private Wealth Management LLC Invests $531,000 in Avantis Moderate Allocation ETF $AVMA

PFG Private Wealth Management LLC bought a new position in shares of Avantis Moderate Allocation ETF (NYSEARCA:AVMA) in the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm bought 8,157 shares of the company’s stock, valued at approximately $531,000. PFG Private Wealth Management LLC owned approximately 1.17% of Avantis Moderate Allocation ETF at the end of the most recent quarter.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Great Point Wealth Advisors LLC bought a new position in Avantis Moderate Allocation ETF in the 3rd quarter worth approximately $5,912,000. Versant Capital Management Inc raised its position in shares of Avantis Moderate Allocation ETF by 51.0% during the third quarter. Versant Capital Management Inc now owns 10,664 shares of the company’s stock valued at $694,000 after buying an additional 3,604 shares during the last quarter. Keystone Financial Group Inc. purchased a new position in shares of Avantis Moderate Allocation ETF in the third quarter worth $164,000. Finally, Integrity Wealth Solutions LLC lifted its holdings in shares of Avantis Moderate Allocation ETF by 15.5% in the second quarter. Integrity Wealth Solutions LLC now owns 8,542 shares of the company’s stock worth $525,000 after buying an additional 1,147 shares in the last quarter.

Avantis Moderate Allocation ETF Stock Performance

Shares of NYSEARCA:AVMA opened at $69.67 on Friday. The firm has a market cap of $55.74 million, a price-to-earnings ratio of 16.65 and a beta of 0.71. The firm has a fifty day moving average price of $67.71 and a 200 day moving average price of $65.69. Avantis Moderate Allocation ETF has a fifty-two week low of $52.83 and a fifty-two week high of $70.72.

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.