Avantis Moderate Allocation ETF $AVMA Holdings Cut by Crosspoint Financial LLC

Crosspoint Financial LLC trimmed its position in Avantis Moderate Allocation ETF (NYSEARCA:AVMA) by 59.5% in the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 6,970 shares of the company’s stock after selling 10,230 shares during the period. Avantis Moderate Allocation ETF accounts for 1.0% of Crosspoint Financial LLC’s investment portfolio, making the stock its 24th biggest position. Crosspoint Financial LLC owned about 0.54% of Avantis Moderate Allocation ETF worth $500,000 at the end of the most recent quarter.

Several other large investors have also recently bought and sold shares of the company. Commonwealth Equity Services LLC purchased a new position in shares of Avantis Moderate Allocation ETF during the 3rd quarter valued at $634,000. Diversify Wealth Management LLC increased its holdings in shares of Avantis Moderate Allocation ETF by 129.3% in the first quarter. Diversify Wealth Management LLC now owns 15,044 shares of the company’s stock worth $1,060,000 after purchasing an additional 8,484 shares during the period. OceanIQ Capital LLC purchased a new stake in shares of Avantis Moderate Allocation ETF in the second quarter worth $523,000. J. Derek Lewis & Associates Inc. purchased a new stake in shares of Avantis Moderate Allocation ETF in the third quarter worth $389,000. Finally, Plancorp LLC purchased a new stake in shares of Avantis Moderate Allocation ETF in the third quarter worth $285,000.

Avantis Moderate Allocation ETF Stock Performance

NYSEARCA:AVMA opened at $71.10 on Monday. The firm has a market capitalization of $92.43 million, a price-to-earnings ratio of 16.65 and a beta of 0.66. Avantis Moderate Allocation ETF has a 52-week low of $64.07 and a 52-week high of $74.54. The stock has a fifty day moving average of $72.53 and a 200 day moving average of $71.43.

Avantis Moderate Allocation ETF Company Profile

The Avantis Moderate Allocation ETF (AVMA) is an exchange-traded fund that mostly invests in target risk asset allocation. The fund is an actively managed, asset allocation fund-of-funds that invests with moderate risk in a broad basket of equity and fixed income ETFs. AVMA was launched on Jun 27, 2023 and is managed by American Century Investments.