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Avantis U.S. Mid Cap Equity ETF - AVMC STOCK NEWS

Welcome to our dedicated page for Avantis U.S. Mid Cap Equity ETF news (Ticker: AVMC), a resource for investors and traders seeking the latest updates and insights on Avantis U.S. Mid Cap Equity ETF stock.

Avantis U.S. Mid Cap Equity ETF (AVMC) is a prominent exchange-traded fund managed by Avantis Investors®, a subsidiary of American Century Investments®. AVMC is designed to offer investors long-term capital appreciation by focusing on mid-cap U.S. companies across various market sectors and industry groups. This ETF is part of Avantis' expanding suite of investment solutions aimed at providing diversified options to meet investor needs.

As a newly listed ETF on the New York Stock Exchange (NYSE Arca, Inc.), AVMC targets securities expected to exhibit higher returns. The fund places particular emphasis on companies with smaller market capitalizations and those with higher profitability and value characteristics. Managed by a team of seasoned professionals including Avantis Chief Investment Officer Eduardo Repetto and Senior Portfolio Managers Mitchell Firestein, Daniel Ong, CFA, and Ted Randall, along with Portfolio Manager Matthew Dubin, AVMC is positioned to leverage expert insights and strategic investment approaches.

In 2023, Avantis Investors experienced significant growth, with over $9 billion in net inflows year-to-date across their strategies. This expansion reflects positive investor response and a growing demand for comprehensive financial solutions. The launch of AVMC, along with other ETFs like Avantis U.S. Mid Cap Value ETF (AVMV) and Avantis Emerging Markets Small Cap Equity ETF (AVEE), underscores Avantis' commitment to enhancing its range of funds.

Avantis Investors' ETF lineup is diverse, including equities, fixed income, and real estate offerings. Recent additions to their portfolio, such as the Avantis All Equity Markets Value ETF (AVGV) and the Avantis International Small Cap Equity ETF (AVDS), further demonstrate their dedication to providing well-rounded, diversified investment options. These innovations are part of Avantis' strategic vision to support clients in achieving their financial goals through tax-efficient, multi-asset class solutions that integrate seamlessly into broader asset allocations.

Since its inception in 2019, Avantis has been led by Chief Investment Officer Eduardo Repetto and Chief Operating Officer Patrick Keating, CFA, CPA. Their leadership has been instrumental in driving the company's success and expanding its ETF offerings. American Century Investments, Avantis' parent company, has a rich history dating back to 1958 and is renowned for its commitment to delivering investment results and supporting medical research through its association with the Stowers Institute for Medical Research.

As of October 2023, American Century Investments manages $28 billion in assets, serving a diverse clientele that includes financial professionals, institutions, corporations, and individual investors globally. With offices in major cities worldwide, the firm continues to build long-term client relationships while contributing significantly to breakthrough medical research.

Rhea-AI Summary
Avantis Investors (AVANTIS) introduces three new ETFs: Avantis U.S. Mid Cap Equity ETF (AVMC), Avantis U.S. Mid Cap Value ETF (AVMV), and Avantis Emerging Markets Small Cap Equity ETF (AVEE). These ETFs aim for long-term capital appreciation and are listed on NYSE Arca, Inc. American Century Investments® is expanding its $28 billion* Avantis Investors® platform to provide investors with a diverse range of funds.
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FAQ

What is the current stock price of Avantis U.S. Mid Cap Equity ETF (AVMC)?

The current stock price of Avantis U.S. Mid Cap Equity ETF (AVMC) is $60.7292 as of May 9, 2024.

What is Avantis U.S. Mid Cap Equity ETF (AVMC)?

AVMC is an exchange-traded fund designed to offer long-term capital appreciation by focusing on U.S. mid-cap companies across various sectors and industry groups.

Who manages AVMC?

AVMC is managed by a team of professionals including Chief Investment Officer Eduardo Repetto, Senior Portfolio Managers Mitchell Firestein, Daniel Ong, CFA, and Ted Randall, and Portfolio Manager Matthew Dubin.

Where is AVMC listed?

AVMC is listed on the New York Stock Exchange (NYSE Arca, Inc.).

What is the investment strategy of AVMC?

AVMC focuses on securities expected to have higher returns, emphasizing companies with smaller market capitalizations and higher profitability and value characteristics.

How has Avantis Investors performed in 2023?

Avantis Investors experienced over $9 billion in net inflows year-to-date in 2023, reflecting strong investor demand for their strategies.

What other ETFs were launched alongside AVMC?

Alongside AVMC, Avantis launched Avantis U.S. Mid Cap Value ETF (AVMV) and Avantis Emerging Markets Small Cap Equity ETF (AVEE).

What is the relationship between Avantis and American Century Investments?

Avantis Investors is a subsidiary of American Century Investments, a leading global asset manager founded in 1958.

What is the asset management size of American Century Investments?

As of October 2023, American Century Investments manages $28 billion in assets.

What is the Stowers Institute for Medical Research?

The Stowers Institute for Medical Research is a nonprofit biomedical research organization funded partly by dividends from American Century Investments.

What other investment solutions does Avantis offer?

Avantis offers a diverse range of ETFs and mutual funds across equities, fixed income, and real estate, designed to fit seamlessly into asset allocations and provide tax-efficient investment options.

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