Envision Financial Planning LLC Makes New $5.99 Million Investment in Avantis U.S. Mid Cap Equity ETF (NYSEARCA:AVMC)

Envision Financial Planning LLC acquired a new stake in shares of Avantis U.S. Mid Cap Equity ETF (NYSEARCA:AVMC) during the 3rd quarter, according to the company in its most recent Form 13F filing with the SEC. The firm acquired 93,174 shares of the company’s stock, valued at approximately $5,987,000. Avantis U.S. Mid Cap Equity ETF makes up 3.2% of Envision Financial Planning LLC’s portfolio, making the stock its 12th biggest position. Envision Financial Planning LLC owned approximately 0.10% of Avantis U.S. Mid Cap Equity ETF at the end of the most recent reporting period.

Several other hedge funds have also added to or reduced their stakes in AVMC. Atwood & Palmer Inc. acquired a new stake in shares of Avantis U.S. Mid Cap Equity ETF during the 2nd quarter worth approximately $103,000. My Personal CFO LLC bought a new stake in shares of Avantis U.S. Mid Cap Equity ETF during the second quarter valued at approximately $328,000. LexAurum Advisors LLC increased its stake in Avantis U.S. Mid Cap Equity ETF by 11.9% during the 3rd quarter. LexAurum Advisors LLC now owns 5,891 shares of the company’s stock valued at $379,000 after purchasing an additional 625 shares in the last quarter. Proathlete Wealth Management LLC acquired a new position in shares of Avantis U.S. Mid Cap Equity ETF during the second quarter valued at about $400,000. Finally, Plancorp LLC raised its stake in shares of Avantis U.S. Mid Cap Equity ETF by 15.4% in the second quarter. Plancorp LLC now owns 8,595 shares of the company’s stock worth $510,000 after purchasing an additional 1,150 shares during the last quarter.

Avantis U.S. Mid Cap Equity ETF Stock Performance

NYSEARCA AVMC opened at $67.00 on Friday. Avantis U.S. Mid Cap Equity ETF has a 52-week low of $50.86 and a 52-week high of $69.05. The company has a 50-day simple moving average of $64.53 and a 200 day simple moving average of $61.85. The company has a market capitalization of $64.32 million, a PE ratio of 17.15 and a beta of 0.98.

Avantis U.S. Mid Cap Equity ETF Company 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.