Avantis U.S. Mid Cap Equity ETF $AVMC is McIlrath & Eck LLC’s 5th Largest Position

McIlrath & Eck LLC raised its stake in shares of Avantis U.S. Mid Cap Equity ETF (NYSEARCA:AVMC) by 3.5% in the first quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 656,907 shares of the company’s stock after buying an additional 21,992 shares during the quarter. Avantis U.S. Mid Cap Equity ETF comprises 5.0% of McIlrath & Eck LLC’s portfolio, making the stock its 5th largest holding. McIlrath & Eck LLC owned approximately 26.49% of Avantis U.S. Mid Cap Equity ETF worth $40,715,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds and other institutional investors also recently modified their holdings of the company. IFP Advisors Inc grew its holdings in shares of Avantis U.S. Mid Cap Equity ETF by 52.8% during the first quarter. IFP Advisors Inc now owns 492 shares of the company’s stock worth $30,000 after purchasing an additional 170 shares in the last quarter. Park Square Financial Group LLC purchased a new position in shares of Avantis U.S. Mid Cap Equity ETF during the first quarter worth about $128,000. Quad Cities Investment Group LLC purchased a new position in shares of Avantis U.S. Mid Cap Equity ETF during the first quarter worth about $253,000. Jane Street Group LLC purchased a new position in shares of Avantis U.S. Mid Cap Equity ETF during the fourth quarter worth about $324,000. Finally, Envestnet Asset Management Inc. purchased a new position in shares of Avantis U.S. Mid Cap Equity ETF during the first quarter worth about $444,000. Hedge funds and other institutional investors own 0.13% of the company’s stock.

Avantis U.S. Mid Cap Equity ETF Price Performance

Shares of NYSEARCA AVMC opened at $69.77 on Tuesday. Avantis U.S. Mid Cap Equity ETF has a 12 month low of $53.29 and a 12 month high of $70.73. The business has a 50-day moving average of $67.96 and a 200-day moving average of $64.38.

Avantis U.S. Mid Cap Equity ETF Profile

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.