Confluence Investment Management LLC Purchases Shares of 3,654 Avantis U.S. Mid Cap Equity ETF (NYSEARCA:AVMC)

Confluence Investment Management LLC purchased a new position in shares of Avantis U.S. Mid Cap Equity ETF (NYSEARCA:AVMC) during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund purchased 3,654 shares of the company’s stock, valued at approximately $237,000.

Other institutional investors also recently modified their holdings of the company. LexAurum Advisors LLC lifted its holdings in Avantis U.S. Mid Cap Equity ETF by 11.9% during the 3rd quarter. LexAurum Advisors LLC now owns 5,891 shares of the company’s stock worth $379,000 after buying an additional 625 shares during the period. Plancorp LLC raised its position in shares of Avantis U.S. Mid Cap Equity ETF by 15.4% during the second quarter. Plancorp LLC now owns 8,595 shares of the company’s stock worth $510,000 after acquiring an additional 1,150 shares during the last quarter. American Century Companies Inc. lifted its stake in shares of Avantis U.S. Mid Cap Equity ETF by 12.3% in the second quarter. American Century Companies Inc. now owns 77,190 shares of the company’s stock worth $4,577,000 after acquiring an additional 8,475 shares during the period. Farther Finance Advisors LLC bought a new stake in Avantis U.S. Mid Cap Equity ETF in the third quarter valued at approximately $589,000. Finally, Chicago Partners Investment Group LLC increased its position in Avantis U.S. Mid Cap Equity ETF by 39.7% during the 3rd quarter. Chicago Partners Investment Group LLC now owns 34,394 shares of the company’s stock valued at $2,215,000 after purchasing an additional 9,771 shares during the period.

Avantis U.S. Mid Cap Equity ETF Stock Performance

Avantis U.S. Mid Cap Equity ETF stock opened at $65.69 on Friday. The firm has a 50 day moving average price of $67.19 and a two-hundred day moving average price of $63.59. Avantis U.S. Mid Cap Equity ETF has a 52-week low of $54.10 and a 52-week high of $70.73. The firm has a market cap of $63.06 million, a price-to-earnings ratio of 17.15 and a beta of 0.98.

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.