Avantis U.S. Mid Cap Equity ETF $AVMC Stock: Canvas Wealth Advisors LLC Increases Holdings

Canvas Wealth Advisors LLC lifted its position in shares of Avantis U.S. Mid Cap Equity ETF (NYSEARCA:AVMC) by 55.8% during the 3rd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 24,281 shares of the company’s stock after acquiring an additional 8,696 shares during the quarter. Canvas Wealth Advisors LLC owned approximately 0.36% of Avantis U.S. Mid Cap Equity ETF worth $1,933,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also bought and sold shares of AVMC. Asset One Wealth Management LLC bought a new position in Avantis U.S. Mid Cap Equity ETF in the 3rd quarter valued at approximately $1,804,000. Kestra Advisory Services LLC raised its holdings in Avantis U.S. Mid Cap Equity ETF by 2.9% during the 3rd quarter. Kestra Advisory Services LLC now owns 53,167 shares of the company’s stock worth $4,053,000 after purchasing an additional 1,507 shares during the last quarter. Commonwealth Equity Services LLC acquired a new position in shares of Avantis U.S. Mid Cap Equity ETF in the 3rd quarter worth approximately $809,000. Chicago Partners Investment Group LLC acquired a new position in shares of Avantis U.S. Mid Cap Equity ETF in the 3rd quarter worth approximately $5,460,000. Finally, Cordgrass Capital Advisors LLC bought a new stake in shares of Avantis U.S. Mid Cap Equity ETF in the 3rd quarter valued at $44,000. Institutional investors own 0.13% of the company’s stock.

Avantis U.S. Mid Cap Equity ETF Stock Performance

AVMC traded down $0.06 during trading on Friday, reaching $77.28. 32,615 shares of the stock traded hands, compared to its average volume of 27,436. Avantis U.S. Mid Cap Equity ETF has a 12 month low of $66.64 and a 12 month high of $82.60. The stock’s 50-day moving average is $78.20 and its 200 day moving average is $77.39.

Avantis U.S. Mid Cap Equity ETF Company 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.