HighTower Advisors LLC Buys New Stake in Avantis U.S. Mid Cap Equity ETF $AVMC

HighTower Advisors LLC bought a new stake in Avantis U.S. Mid Cap Equity ETF (NYSEARCA:AVMC) in the fourth quarter, HoldingsChannel.com reports. The fund bought 41,086 shares of the company’s stock, valued at approximately $2,902,000.

Other institutional investors and hedge funds also recently bought and sold shares of the company. Team Financial Group LLC boosted its stake in Avantis U.S. Mid Cap Equity ETF by 89.3% during the fourth quarter. Team Financial Group LLC now owns 1,257 shares of the company’s stock worth $89,000 after buying an additional 593 shares during the period. Accredited Wealth Management LLC boosted its stake in Avantis U.S. Mid Cap Equity ETF by 945.3% during the third quarter. Accredited Wealth Management LLC now owns 1,432 shares of the company’s stock worth $100,000 after buying an additional 1,295 shares during the period. Osaic Holdings Inc. boosted its stake in Avantis U.S. Mid Cap Equity ETF by 232.9% during the second quarter. Osaic Holdings Inc. now owns 3,073 shares of the company’s stock worth $203,000 after buying an additional 2,150 shares during the period. HTG Investment Advisors Inc. purchased a new position in Avantis U.S. Mid Cap Equity ETF during the third quarter worth $248,000. Finally, SRH Advisors LLC purchased a new position in Avantis U.S. Mid Cap Equity ETF during the fourth quarter worth $487,000. 0.13% of the stock is owned by hedge funds and other institutional investors.

Avantis U.S. Mid Cap Equity ETF Stock Down 0.1%

NYSEARCA AVMC opened at $78.62 on Friday. The company has a fifty day moving average of $75.68 and a two-hundred day moving average of $73.69. Avantis U.S. Mid Cap Equity ETF has a 52 week low of $63.35 and a 52 week high of $79.54.

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.