Avantis U.S. Mid Cap Value ETF (NYSEARCA:AVMV) Short Interest Update
by Teresa Graham · The Cerbat GemAvantis U.S. Mid Cap Value ETF (NYSEARCA:AVMV – Get Free Report) was the recipient of a large decrease in short interest during the month of December. As of December 31st, there was short interest totaling 12,696 shares, a decrease of 24.0% from the December 15th total of 16,712 shares. Currently, 0.3% of the shares of the company are sold short. Based on an average daily trading volume, of 24,486 shares, the days-to-cover ratio is currently 0.5 days. Based on an average daily trading volume, of 24,486 shares, the days-to-cover ratio is currently 0.5 days. Currently, 0.3% of the shares of the company are sold short.
Institutional Investors Weigh In On Avantis U.S. Mid Cap Value ETF
Several large investors have recently made changes to their positions in AVMV. Evensky & Katz LLC increased its position in Avantis U.S. Mid Cap Value ETF by 38.9% in the 3rd quarter. Evensky & Katz LLC now owns 696,843 shares of the company’s stock valued at $48,005,000 after acquiring an additional 195,276 shares during the period. Team Financial Group LLC raised its stake in shares of Avantis U.S. Mid Cap Value ETF by 4.1% during the fourth quarter. Team Financial Group LLC now owns 89,556 shares of the company’s stock valued at $6,376,000 after purchasing an additional 3,488 shares in the last quarter. Farther Finance Advisors LLC lifted its holdings in Avantis U.S. Mid Cap Value ETF by 55.7% in the third quarter. Farther Finance Advisors LLC now owns 47,124 shares of the company’s stock worth $3,246,000 after purchasing an additional 16,852 shares during the period. First National Bank Sioux Falls grew its position in Avantis U.S. Mid Cap Value ETF by 19.8% in the 3rd quarter. First National Bank Sioux Falls now owns 27,486 shares of the company’s stock valued at $1,893,000 after buying an additional 4,552 shares in the last quarter. Finally, Harbor Investment Advisory LLC acquired a new position in Avantis U.S. Mid Cap Value ETF during the 4th quarter valued at about $85,000.
Avantis U.S. Mid Cap Value ETF Stock Down 0.7%
AVMV stock traded down $0.56 during mid-day trading on Friday, reaching $74.49. The company had a trading volume of 37,506 shares, compared to its average volume of 72,719. The stock’s 50-day simple moving average is $71.12 and its two-hundred day simple moving average is $69.11. The stock has a market capitalization of $365.00 million, a P/E ratio of 14.42 and a beta of 1.28. Avantis U.S. Mid Cap Value ETF has a one year low of $52.42 and a one year high of $75.27.
Avantis U.S. Mid Cap Value ETF Company Profile
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.