AVMV: Inexpensiveness Paired With Adequate Quality, A Hold
Source: SeekingAlpha
2025-04-11 05:46:54 ET
Summary
- Incepted in November 2023, AVMV is an actively managed ETF focused on underappreciated, high-quality mid-caps.
- In the current iteration, it has a financials-heavy portfolio with a 7.1% adjusted EY and rather large but not ideal quality exposure.
- Its performance amid market turmoil has been soft, with downside capture being especially worrisome. There is something to dislike about longer-term performance as well.
- Assuming elevated uncertainty the market is facing, AVMV is a Hold at best.
Today, I would like to expand the universe of the value-focused exchange-traded funds I cover with a note on the Avantis U.S. Mid Cap Value ETF ( AVMV ) , an actively managed vehicle targeting high-quality, inexpensive mid-caps.
First and foremost, I am writing this on April 10 as stocks have retreated from the euphoric mode they entered yesterday, elated with the 90-day tariff pause for most trading partners except for China, so the S&P 500 ended down after the meteoric rise that had only a few precedents in the past....
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AVMV: Inexpensiveness Paired With Adequate Quality, A Hold
Avantis U.S. Mid Cap Value ETF
NASDAQ: AVMV
AVMV Trading
-1.44% G/L:
$73.46 Last:
9,056 Volume:
$73.691 Open:
