Diversify Wealth Management LLC Has $1.06 Million Holdings in Avantis Moderate Allocation ETF $AVMA

Diversify Wealth Management LLC raised its position in shares of Avantis Moderate Allocation ETF (NYSEARCA:AVMA) by 129.3% in the first quarter, Holdings Channel reports. The firm owned 15,044 shares of the company’s stock after buying an additional 8,484 shares during the period. Diversify Wealth Management LLC’s holdings in Avantis Moderate Allocation ETF were worth $1,060,000 as of its most recent SEC filing.

Other large investors have also made changes to their positions in the company. Cogent Private Wealth Inc. bought a new stake in shares of Avantis Moderate Allocation ETF in the 4th quarter valued at approximately $6,398,000. Crosspoint Financial LLC lifted its stake in Avantis Moderate Allocation ETF by 78.4% in the fourth quarter. Crosspoint Financial LLC now owns 18,910 shares of the company’s stock valued at $1,254,000 after acquiring an additional 8,310 shares during the last quarter. Susquehanna International Group LLP acquired a new stake in Avantis Moderate Allocation ETF in the third quarter valued at approximately $414,000. Arlington Financial Advisors LLC bought a new stake in Avantis Moderate Allocation ETF in the fourth quarter worth approximately $223,000. Finally, Osaic Holdings Inc. grew its position in Avantis Moderate Allocation ETF by 32.3% in the fourth quarter. Osaic Holdings Inc. now owns 11,347 shares of the company’s stock worth $753,000 after acquiring an additional 2,771 shares in the last quarter.

Avantis Moderate Allocation ETF Stock Up 0.2%

Shares of AVMA opened at $72.84 on Thursday. The firm has a market cap of $80.12 million, a price-to-earnings ratio of 16.65 and a beta of 0.66. The company’s fifty day moving average is $72.50 and its 200-day moving average is $70.10. Avantis Moderate Allocation ETF has a 12 month low of $61.40 and a 12 month high of $73.50.

About Avantis Moderate Allocation ETF

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.