Avantis Moderate Allocation ETF (NYSEARCA:AVMA – Get Free Report) was the target of a significant drop in short interest in August. As of August 14th, there was short interest totaling 4,752 shares, a drop of 34.1% from the July 30th total of 7,208 shares. Approximately 0.4% of the company’s stock are short sold. Based on an average daily volume of 7,216 shares, the short-interest ratio is presently 0.7 days.
Institutional Investors Weigh In On Avantis Moderate Allocation ETF
Institutional investors have recently made changes to their positions in the company. Farther Finance Advisors LLC acquired a new stake in shares of Avantis Moderate Allocation ETF during the 4th quarter valued at approximately $40,000. Vawter Financial Ltd. boosted its holdings in Avantis Moderate Allocation ETF by 4.5% in the first quarter. Vawter Financial Ltd. now owns 15,414 shares of the company’s stock worth $1,036,000 after purchasing an additional 657 shares during the period. Advisory Services Network LLC bought a new stake in Avantis Moderate Allocation ETF during the third quarter valued at $139,000. Crosspoint Financial LLC increased its stake in Avantis Moderate Allocation ETF by 12.0% during the first quarter. Crosspoint Financial LLC now owns 21,170 shares of the company’s stock valued at $1,423,000 after purchasing an additional 2,260 shares during the last quarter. Finally, Osaic Holdings Inc. increased its stake in Avantis Moderate Allocation ETF by 32.3% during the fourth quarter. Osaic Holdings Inc. now owns 11,347 shares of the company’s stock valued at $753,000 after purchasing an additional 2,771 shares during the last quarter.
Avantis Moderate Allocation ETF Stock Up 0.5%
Shares of Avantis Moderate Allocation ETF stock opened at $73.65 on Thursday. The business has a 50-day moving average price of $73.14 and a 200 day moving average price of $71.37. Avantis Moderate Allocation ETF has a fifty-two week low of $63.56 and a fifty-two week high of $74.54. The firm has a market cap of $81.02 million, a P/E ratio of 16.65 and a beta of 0.66.
Avantis Moderate Allocation ETF Company Profile
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.
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