Evensky & Katz LLC Acquires 99,553 Shares of Avantis U.S. Mid Cap Value ETF (NYSEARCA:AVMV)

Evensky & Katz LLC boosted its holdings in shares of Avantis U.S. Mid Cap Value ETF (NYSEARCA:AVMV) by 2,441.2% in the first quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 103,631 shares of the company’s stock after purchasing an additional 99,553 shares during the period. Avantis U.S. Mid Cap Value ETF comprises 0.4% of Evensky & Katz LLC’s portfolio, making the stock its 26th biggest holding. Evensky & Katz LLC owned about 3.73% of Avantis U.S. Mid Cap Value ETF worth $6,367,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in AVMV. Cloud Capital Management LLC bought a new position in shares of Avantis U.S. Mid Cap Value ETF in the first quarter valued at approximately $26,000. Farther Finance Advisors LLC raised its stake in shares of Avantis U.S. Mid Cap Value ETF by 88.1% in the first quarter. Farther Finance Advisors LLC now owns 23,737 shares of the company’s stock valued at $1,464,000 after acquiring an additional 11,117 shares during the last quarter. First National Bank Sioux Falls bought a new position in shares of Avantis U.S. Mid Cap Value ETF in the first quarter valued at approximately $1,202,000. Finally, Team Financial Group LLC raised its stake in shares of Avantis U.S. Mid Cap Value ETF by 67.4% in the first quarter. Team Financial Group LLC now owns 74,970 shares of the company’s stock valued at $4,606,000 after acquiring an additional 30,189 shares during the last quarter.

Avantis U.S. Mid Cap Value ETF Trading Up 1.6%

NYSEARCA:AVMV opened at $68.54 on Thursday. Avantis U.S. Mid Cap Value ETF has a 1 year low of $52.42 and a 1 year high of $71.74. The firm has a 50 day moving average of $65.93 and a 200-day moving average of $63.67. The stock has a market capitalization of $246.74 million, a P/E ratio of 14.42 and a beta of 0.95.

Avantis U.S. Mid Cap Value ETF Profile

The Avantis U.S. Mid Cap Value ETF (AVMV) 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 value companies selected based on fundamental criteria. AVMV was launched on Nov 7, 2023 and is issued by American Century Investments.