Proathlete Wealth Management LLC Purchases 122,628 Shares of Avantis U.S. Mid Cap Equity ETF (NYSEARCA:AVMC)

Proathlete Wealth Management LLC increased its position in shares of Avantis U.S. Mid Cap Equity ETF (NYSEARCA:AVMC) by 1,819.1% in the 3rd quarter, according to the company in its most recent disclosure with the SEC. The fund owned 129,369 shares of the company’s stock after purchasing an additional 122,628 shares during the quarter. Avantis U.S. Mid Cap Equity ETF accounts for 3.4% of Proathlete Wealth Management LLC’s investment portfolio, making the stock its 8th biggest holding. Proathlete Wealth Management LLC owned approximately 13.48% of Avantis U.S. Mid Cap Equity ETF worth $8,313,000 at the end of the most recent quarter.

A number of other institutional investors also recently bought and sold shares of AVMC. Atwood & Palmer Inc. acquired a new position in Avantis U.S. Mid Cap Equity ETF in the second quarter valued at $103,000. My Personal CFO LLC acquired a new position in shares of Avantis U.S. Mid Cap Equity ETF during the second quarter worth $328,000. LexAurum Advisors LLC boosted its stake in shares of Avantis U.S. Mid Cap Equity ETF by 11.9% in the third quarter. LexAurum Advisors LLC now owns 5,891 shares of the company’s stock valued at $379,000 after purchasing an additional 625 shares during the period. Plancorp LLC grew its holdings in Avantis U.S. Mid Cap Equity ETF by 15.4% during the 2nd quarter. Plancorp LLC now owns 8,595 shares of the company’s stock valued at $510,000 after purchasing an additional 1,150 shares in the last quarter. Finally, Arlington Financial Advisors LLC acquired a new position in Avantis U.S. Mid Cap Equity ETF in the 1st quarter worth $1,136,000.

Avantis U.S. Mid Cap Equity ETF Price Performance

Shares of Avantis U.S. Mid Cap Equity ETF stock opened at $65.76 on Friday. Avantis U.S. Mid Cap Equity ETF has a 1-year low of $48.84 and a 1-year high of $65.83. The business has a 50-day moving average of $62.71 and a 200-day moving average of $60.94. The company has a market capitalization of $63.13 million, a PE 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.