Avantis U.S. Mid Cap Equity ETF $AVMC Stake Trimmed by Mendota Financial Group LLC

Mendota Financial Group LLC reduced its stake in shares of Avantis U.S. Mid Cap Equity ETF (NYSEARCA:AVMC) by 7.4% in the third quarter, Holdings Channel reports. The fund owned 82,318 shares of the company’s stock after selling 6,596 shares during the quarter. Avantis U.S. Mid Cap Equity ETF accounts for about 3.9% of Mendota Financial Group LLC’s portfolio, making the stock its 10th largest position. Mendota Financial Group LLC’s holdings in Avantis U.S. Mid Cap Equity ETF were worth $6,275,000 as of its most recent filing with the Securities & Exchange Commission.

Several other large investors also recently modified their holdings of AVMC. Envestnet Asset Management Inc. raised its holdings in shares of Avantis U.S. Mid Cap Equity ETF by 4.4% in the 2nd quarter. Envestnet Asset Management Inc. now owns 50,481 shares of the company’s stock worth $4,051,000 after purchasing an additional 2,128 shares during the period. Tarbox Family Office Inc. grew its holdings in Avantis U.S. Mid Cap Equity ETF by 49.4% during the second quarter. Tarbox Family Office Inc. now owns 240,067 shares of the company’s stock valued at $19,265,000 after purchasing an additional 79,406 shares during the period. Corient Private Wealth LP bought a new position in Avantis U.S. Mid Cap Equity ETF during the second quarter valued at $7,175,000. Ameritas Advisory Services LLC bought a new position in Avantis U.S. Mid Cap Equity ETF during the second quarter valued at $721,000. Finally, Endeavor Private Wealth Inc. increased its position in Avantis U.S. Mid Cap Equity ETF by 1.3% in the second quarter. Endeavor Private Wealth Inc. now owns 25,743 shares of the company’s stock worth $2,066,000 after buying an additional 320 shares during the last quarter. Hedge funds and other institutional investors own 0.13% of the company’s stock.

Avantis U.S. Mid Cap Equity ETF Stock Performance

Shares of AVMC traded down $0.83 during mid-day trading on Wednesday, hitting $77.38. The stock had a trading volume of 20,210 shares, compared to its average volume of 25,783. The business has a fifty day moving average price of $79.42 and a 200-day moving average price of $78.05. Avantis U.S. Mid Cap Equity ETF has a 52 week low of $66.64 and a 52 week high of $82.60.

About Avantis U.S. Mid Cap Equity ETF

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.