OceanIQ Capital LLC Buys Shares of 7,084 Avantis Moderate Allocation ETF $AVMA

OceanIQ Capital LLC purchased a new position in shares of Avantis Moderate Allocation ETF (NYSEARCA:AVMA) in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm purchased 7,084 shares of the company’s stock, valued at approximately $523,000. OceanIQ Capital LLC owned approximately 0.64% of Avantis Moderate Allocation ETF as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors have also recently added to or reduced their stakes in the company. Farther Finance Advisors LLC acquired a new stake in Avantis Moderate Allocation ETF in the 4th quarter worth about $40,000. Vawter Financial Ltd. increased its stake in shares of Avantis Moderate Allocation ETF by 4.5% during the 1st quarter. Vawter Financial Ltd. now owns 15,414 shares of the company’s stock valued at $1,036,000 after acquiring an additional 657 shares during the last quarter. Advisory Services Network LLC purchased a new position in shares of Avantis Moderate Allocation ETF during the 3rd quarter worth about $139,000. Crosspoint Financial LLC lifted its holdings in shares of Avantis Moderate Allocation ETF by 12.0% during the 1st quarter. Crosspoint Financial LLC now owns 21,170 shares of the company’s stock worth $1,423,000 after acquiring an additional 2,260 shares during the period. Finally, Osaic Holdings Inc. boosted its position in shares of Avantis Moderate Allocation ETF by 32.3% in the fourth quarter. Osaic Holdings Inc. now owns 11,347 shares of the company’s stock worth $753,000 after acquiring an additional 2,771 shares during the last quarter.

Avantis Moderate Allocation ETF Stock Performance

Avantis Moderate Allocation ETF stock opened at $74.16 on Friday. Avantis Moderate Allocation ETF has a 1 year low of $63.92 and a 1 year high of $74.54. The firm has a 50 day moving average price of $73.20 and a 200 day moving average price of $71.42. The company has a market cap of $81.58 million, a price-to-earnings 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.