Avantis U.S. Mid Cap Value ETF

Avantis U.S. Mid Cap Value ETF

AVMV
Avantis U.S. Mid Cap Value ETFUS flagNew York Stock Exchange Arca
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USD
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Capital Structure

FRC

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Working Capital

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Growth Rates

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Quarterly Revenue

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Quarterly Earnings Per Share

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Quarterly Dividends Per Share

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Company Description

APIChat
Sector
Financial Services
Industry
Asset Management
Address
4500 Main Street Kansas City MO United States of America 64111
IPO Date
Nov 9, 2023
Business
American Century ETF Trust - Avantis U.S. Mid Cap Value ETF (AVMV) is an actively managed exchange-traded fund that seeks long-term capital appreciation by investing primarily in a broad set of U.S. mid-cap value companies selected for low valuations and higher profitability ratios; it employs an indexing-like approach with active decisions based on current market prices, economic conditions, and fundamental metrics to enhance expected returns while pursuing diversification, low turnover, transparency, and efficient trading to minimize risks and costs. The ETF, with a net expense ratio of 0.20%, trades on NYSE Arca and benchmarks against the Russell Midcap Value Index, holding approximately 253 securities with a weighted average market capitalization of $20.8 billion, weighted average book-to-market ratio of 0.35x, and weighted average profits-to-book ratio of 0.44x as of September 30, 2025. Top holdings include The Hartford Insurance Group Inc. (1.53%), Baker Hughes Co. (1.44%), United Airlines Holdings Inc. (1.31%), Delta Air Lines Inc. (1.22%), and Tractor Supply Co. (1.16%), with sector allocations overweight in consumer discretionary (18.50%), financials (24.36%), and energy (9.51%) relative to the benchmark. Launched on November 7, 2023, as part of American Century ETF Trust--a series trust managed by American Century Investments, founded in 1958 and headquartered in Kansas City, Missouri--AVMV targets investors seeking exposure to U.S. mid-cap equities across sectors and industries, with assets under management reaching approximately $270 million as of September 30, 2025. Recent developments include Avantis Investors, the brand under which AVMV operates, surpassing $100 billion in assets under management in 2025, reflecting robust growth in its ETF lineup; a strategic alliance announced in November 2025 with CIBC Asset Management Inc. to launch eight Avantis CIBC ETFs in Canada; and ongoing expansions such as UCITS ETF wrappers for European and Australian markets, alongside American Century's entry into private markets via its 2023 transaction with 3x5 Partners.