Lam Group Inc. Has $106,000 Position in Avantis Inflation Focused Equity ETF (NYSEARCA:AVIE)

Lam Group Inc. decreased its holdings in Avantis Inflation Focused Equity ETF (NYSEARCA:AVIE) by 24.5% in the third quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 1,650 shares of the company’s stock after selling 535 shares during the quarter. Lam Group Inc. owned 2.06% of Avantis Inflation Focused Equity ETF worth $106,000 as of its most recent filing with the SEC.

Separately, Plancorp LLC increased its stake in Avantis Inflation Focused Equity ETF by 8.3% in the second quarter. Plancorp LLC now owns 19,867 shares of the company’s stock valued at $1,233,000 after acquiring an additional 1,528 shares during the period.

Avantis Inflation Focused Equity ETF Trading Down 0.2 %

NYSEARCA:AVIE traded down $0.12 during mid-day trading on Friday, hitting $64.85. The company’s stock had a trading volume of 2 shares, compared to its average volume of 461. The company has a market capitalization of $5.19 million, a price-to-earnings ratio of 12.65 and a beta of 0.51. The stock has a fifty day moving average of $64.51 and a 200-day moving average of $63.12. Avantis Inflation Focused Equity ETF has a fifty-two week low of $54.75 and a fifty-two week high of $65.85.

Avantis Inflation Focused Equity ETF Profile

The Avantis Inflation Focused Equity ETF (AVIE) is an exchange-traded fund that mostly invests in total market equity. The fund is an actively managed equity fund of US companies involved in sectors or industries that tend to outperform during periods of inflation. AVIE was launched on Sep 27, 2022 and is managed by American Century Investments.