Avantis U.S. Mid Cap Value ETF (NYSEARCA:AVMV) Shares Purchased by Farther Finance Advisors LLC

Farther Finance Advisors LLC raised its stake in Avantis U.S. Mid Cap Value ETF (NYSEARCA:AVMV) by 714.2% in the fourth quarter, HoldingsChannel.com reports. The fund owned 12,620 shares of the company’s stock after purchasing an additional 11,070 shares during the quarter. Farther Finance Advisors LLC’s holdings in Avantis U.S. Mid Cap Value ETF were worth $824,000 at the end of the most recent reporting period.

Separately, Team Financial Group LLC increased its position in Avantis U.S. Mid Cap Value ETF by 221.4% during the 4th quarter. Team Financial Group LLC now owns 44,781 shares of the company’s stock worth $2,923,000 after purchasing an additional 30,850 shares in the last quarter.

Avantis U.S. Mid Cap Value ETF Trading Up 2.4 %

NYSEARCA:AVMV opened at $61.03 on Friday. Avantis U.S. Mid Cap Value ETF has a 12-month low of $56.93 and a 12-month high of $71.74. The firm has a market cap of $129.38 million, a price-to-earnings ratio of 14.18 and a beta of 0.95. The company’s 50-day moving average is $66.28 and its two-hundred day moving average is $65.88.

About Avantis U.S. Mid Cap Value ETF

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.