AVMC: Balanced Mid-Cap Blend ETF With Quality And Value Tilts
Source: SeekingAlpha
2025-02-05 09:45:00 ET
Summary
- AVMC is led by five portfolio managers at Avantis Investors. Their investment objective is to outperform a benchmark like the Russell MidCap Index by emphasizing quality and value.
- Maintaining adequate diversification is also crucial. With 500+ securities and only about 7% allocated to the top ten, AVMC is designed to replace popular core funds like IWR and IJH.
- I have AVMC ranked #18/52 overall in the mid-cap blend category for February, primarily due to its solid quality features and attractive value ratios like its 16.99x forward P/E.
- It's a great result for those seeking slightly above average returns. However, more adventurous readers might want to consider three other factor ETFs highlighted today, one of which ranks #1.
- Nevertheless, AVMC is a solid "hold", and I like the balanced approach taken by Avantis Investors.
Investment Thesis
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AVMC: Balanced Mid-Cap Blend ETF With Quality And Value Tilts
Avantis U.S. Mid Cap Equity ETF
NASDAQ: AVMC
AVMC Trading
-0.67% G/L:
$72.74 Last:
1,336 Volume:
$72.39 Open:
