Avantis Moderate Allocation ETF (NYSEARCA:AVMA) Short Interest Down 41.4% in June

Avantis Moderate Allocation ETF (NYSEARCA:AVMA) was the target of a large decrease in short interest during the month of June. As of June 30th, there was short interest totaling 4,994 shares, a decrease of 41.4% from the June 15th total of 8,521 shares. Approximately 0.5% of the company’s shares are sold short. Based on an average daily trading volume, of 10,651 shares, the short-interest ratio is currently 0.5 days.

Hedge Funds Weigh In On Avantis Moderate Allocation ETF

Several hedge funds and other institutional investors have recently modified their holdings of the company. Vawter Financial Ltd. grew its holdings in shares of Avantis Moderate Allocation ETF by 4.5% during the 1st quarter. Vawter Financial Ltd. now owns 15,414 shares of the company’s stock worth $1,036,000 after purchasing an additional 657 shares during the period. Crosspoint Financial LLC raised its holdings in Avantis Moderate Allocation ETF by 12.0% in the first quarter. Crosspoint Financial LLC now owns 21,170 shares of the company’s stock valued at $1,423,000 after buying an additional 2,260 shares during the period. Integrity Wealth Solutions LLC raised its holdings in Avantis Moderate Allocation ETF by 39.9% in the first quarter. Integrity Wealth Solutions LLC now owns 13,400 shares of the company’s stock valued at $901,000 after buying an additional 3,823 shares during the period. Diversify Wealth Management LLC lifted its position in Avantis Moderate Allocation ETF by 129.3% during the first quarter. Diversify Wealth Management LLC now owns 15,044 shares of the company’s stock valued at $1,060,000 after buying an additional 8,484 shares in the last quarter. Finally, Osaic Holdings Inc. lifted its position in Avantis Moderate Allocation ETF by 32.3% during the fourth quarter. Osaic Holdings Inc. now owns 11,347 shares of the company’s stock valued at $753,000 after buying an additional 2,771 shares in the last quarter.

Avantis Moderate Allocation ETF Trading Down 0.4%

Shares of Avantis Moderate Allocation ETF stock opened at $72.43 on Friday. The business’s fifty day moving average price is $72.52 and its 200 day moving average price is $70.15. Avantis Moderate Allocation ETF has a twelve month low of $61.40 and a twelve month high of $73.50. The stock has a market capitalization of $79.67 million, a P/E ratio of 16.65 and a beta of 0.66.

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.