CGN Advisors LLC Increases Stock Holdings in Avantis U.S. Mid Cap Equity ETF $AVMC

CGN Advisors LLC increased its stake in shares of Avantis U.S. Mid Cap Equity ETF (NYSEARCA:AVMC) by 9.3% in the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 180,847 shares of the company’s stock after buying an additional 15,386 shares during the quarter. Avantis U.S. Mid Cap Equity ETF accounts for 1.1% of CGN Advisors LLC’s investment portfolio, making the stock its 19th largest holding. CGN Advisors LLC’s holdings in Avantis U.S. Mid Cap Equity ETF were worth $14,513,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors and hedge funds have also bought and sold shares of AVMC. McIlrath & Eck LLC lifted its stake in Avantis U.S. Mid Cap Equity ETF by 4.4% during the 2nd quarter. McIlrath & Eck LLC now owns 685,911 shares of the company’s stock valued at $45,400,000 after acquiring an additional 29,004 shares in the last quarter. MML Investors Services LLC grew its stake in shares of Avantis U.S. Mid Cap Equity ETF by 62.7% in the 2nd quarter. MML Investors Services LLC now owns 11,645 shares of the company’s stock worth $771,000 after acquiring an additional 4,486 shares in the last quarter. Osaic Holdings Inc. raised its holdings in shares of Avantis U.S. Mid Cap Equity ETF by 232.9% in the second 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 last quarter. SRH Advisors LLC purchased a new stake in shares of Avantis U.S. Mid Cap Equity ETF in the fourth quarter valued at about $487,000. Finally, Networth Advisors LLC bought a new position in shares of Avantis U.S. Mid Cap Equity ETF during the fourth quarter valued at about $12,163,000. 0.13% of the stock is owned by hedge funds and other institutional investors.

Avantis U.S. Mid Cap Equity ETF Stock Performance

Avantis U.S. Mid Cap Equity ETF stock opened at $81.40 on Wednesday. Avantis U.S. Mid Cap Equity ETF has a fifty-two week low of $66.54 and a fifty-two week high of $81.54. The firm’s 50-day simple moving average is $79.27 and its 200 day simple moving average is $76.52.

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.