HB Wealth Management LLC Cuts Position in Avantis U.S. Mid Cap Equity ETF $AVMC

by · The Cerbat Gem

HB Wealth Management LLC reduced its holdings in shares of Avantis U.S. Mid Cap Equity ETF (NYSEARCA:AVMCFree Report) by 77.0% in the 3rd quarter, Holdings Channel.com reports. The institutional investor owned 35,620 shares of the company’s stock after selling 119,434 shares during the period. HB Wealth Management LLC’s holdings in Avantis U.S. Mid Cap Equity ETF were worth $2,479,000 at the end of the most recent quarter.

A number of other hedge funds have also made changes to their positions in the business. McIlrath & Eck LLC lifted its holdings in shares of Avantis U.S. Mid Cap Equity ETF by 3.7% during the 3rd quarter. McIlrath & Eck LLC now owns 711,152 shares of the company’s stock valued at $49,483,000 after acquiring an additional 25,241 shares in the last quarter. Endeavor Private Wealth Inc. increased its position in shares of Avantis U.S. Mid Cap Equity ETF by 7.9% in the 3rd quarter. Endeavor Private Wealth Inc. now owns 19,012 shares of the company’s stock worth $1,323,000 after purchasing an additional 1,397 shares during the last quarter. Wealth Management Partners LLC lifted its holdings in 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 worth $696,000 after buying an additional 6,817 shares during the last quarter. Quad Cities Investment Group LLC increased its stake in Avantis U.S. Mid Cap Equity ETF by 27.1% during the third quarter. Quad Cities Investment Group LLC now owns 13,425 shares of the company’s stock valued at $934,000 after purchasing an additional 2,864 shares during the last quarter. Finally, Berger Financial Group Inc grew its position in shares of Avantis U.S. Mid Cap Equity ETF by 0.8% during the 3rd quarter. Berger Financial Group Inc now owns 220,886 shares of the company’s stock valued at $15,370,000 after buying an additional 1,779 shares during the last quarter. Hedge funds and other institutional investors own 0.13% of the company’s stock.

Avantis U.S. Mid Cap Equity ETF Stock Performance

NYSEARCA:AVMC opened at $73.41 on Friday. The business has a 50 day simple moving average of $70.44 and a 200 day simple moving average of $69.15. Avantis U.S. Mid Cap Equity ETF has a 12-month low of $53.29 and a 12-month high of $73.61.

Avantis U.S. Mid Cap Equity ETF Company Profile

(Free Report)

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.

Further Reading

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