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.
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