Mendota Financial Group LLC Has $4.52 Million Holdings in Avantis U.S. Mid Cap Equity ETF $AVMC

Mendota Financial Group LLC lifted its stake in shares of Avantis U.S. Mid Cap Equity ETF (NYSEARCA:AVMC) by 39.3% in the 4th quarter, HoldingsChannel.com reports. The fund owned 63,948 shares of the company’s stock after acquiring an additional 18,052 shares during the period. Avantis U.S. Mid Cap Equity ETF makes up about 3.3% of Mendota Financial Group LLC’s holdings, making the stock its 11th largest holding. Mendota Financial Group LLC’s holdings in Avantis U.S. Mid Cap Equity ETF were worth $4,517,000 as of its most recent SEC filing.

A number of other hedge funds have also made changes to their positions in the stock. American Century Companies Inc. lifted its holdings in Avantis U.S. Mid Cap Equity ETF by 7.4% in the 2nd quarter. American Century Companies Inc. now owns 118,620 shares of the company’s stock worth $7,851,000 after purchasing an additional 8,184 shares during the last quarter. Balance Wealth LLC bought a new stake in Avantis U.S. Mid Cap Equity ETF during the second quarter worth approximately $2,154,000. McIlrath & Eck LLC grew its holdings in Avantis U.S. Mid Cap Equity ETF by 4.4% during the second quarter. McIlrath & Eck LLC now owns 685,911 shares of the company’s stock valued at $45,400,000 after purchasing an additional 29,004 shares during the last quarter. MML Investors Services LLC raised its position in shares of Avantis U.S. Mid Cap Equity ETF by 62.7% in the second quarter. MML Investors Services LLC now owns 11,645 shares of the company’s stock valued at $771,000 after purchasing an additional 4,486 shares during the period. Finally, Osaic Holdings Inc. raised its position in shares of Avantis U.S. Mid Cap Equity ETF by 232.9% in the second quarter. Osaic Holdings Inc. now owns 3,073 shares of the company’s stock valued at $203,000 after purchasing an additional 2,150 shares during the period. Institutional investors and hedge funds own 0.13% of the company’s stock.

Avantis U.S. Mid Cap Equity ETF Stock Performance

Shares of Avantis U.S. Mid Cap Equity ETF stock opened at $72.76 on Friday. The firm has a fifty day simple moving average of $74.01 and a 200-day simple moving average of $71.66. Avantis U.S. Mid Cap Equity ETF has a 1-year low of $53.29 and a 1-year high of $76.88.

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.