Madrid Wealth Management LLC Invests $1.30 Million in Avantis U.S. Mid Cap Equity ETF $AVMC

Madrid Wealth Management LLC bought a new stake in shares of Avantis U.S. Mid Cap Equity ETF (NYSEARCA:AVMC) during the 4th quarter, according to its most recent filing with the SEC. The firm bought 18,383 shares of the company’s stock, valued at approximately $1,299,000. Avantis U.S. Mid Cap Equity ETF accounts for 1.1% of Madrid Wealth Management LLC’s holdings, making the stock its 27th biggest position. Madrid Wealth Management LLC owned 0.48% of Avantis U.S. Mid Cap Equity ETF as of its most recent filing with the SEC.

Several other hedge funds and other institutional investors have also recently bought and sold shares of the stock. Farther Finance Advisors LLC lifted its position in shares of Avantis U.S. Mid Cap Equity ETF by 4.3% during the fourth quarter. Farther Finance Advisors LLC now owns 9,002 shares of the company’s stock worth $636,000 after purchasing an additional 375 shares in the last quarter. Team Financial Group LLC lifted its holdings in Avantis U.S. Mid Cap Equity ETF by 89.3% in the 4th quarter. Team Financial Group LLC now owns 1,257 shares of the company’s stock worth $89,000 after buying an additional 593 shares in the last quarter. Envestnet Asset Management Inc. boosted its position in Avantis U.S. Mid Cap Equity ETF by 8.2% in the 3rd quarter. Envestnet Asset Management Inc. now owns 12,600 shares of the company’s stock valued at $877,000 after buying an additional 955 shares during the last quarter. Accredited Wealth Management LLC grew its stake in shares of Avantis U.S. Mid Cap Equity ETF by 945.3% during the third quarter. Accredited Wealth Management LLC now owns 1,432 shares of the company’s stock valued at $100,000 after acquiring an additional 1,295 shares in the last quarter. Finally, Chicago Partners Investment Group LLC increased its position in shares of Avantis U.S. Mid Cap Equity ETF by 2.3% during the fourth quarter. Chicago Partners Investment Group LLC now owns 63,223 shares of the company’s stock worth $4,670,000 after acquiring an additional 1,392 shares during the last quarter. 0.13% of the stock is owned by institutional investors and hedge funds.

Avantis U.S. Mid Cap Equity ETF Price Performance

Shares of AVMC opened at $77.61 on Friday. The stock has a 50-day moving average price of $74.42 and a 200 day moving average price of $72.53. Avantis U.S. Mid Cap Equity ETF has a one year low of $60.57 and a one year high of $78.16.

About Avantis U.S. Mid Cap Equity ETF

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.