Lam Group Inc. Purchases 1,385 Shares of Avantis Inflation Focused Equity ETF (NYSEARCA:AVIE)

Lam Group Inc. grew its position in shares of Avantis Inflation Focused Equity ETF (NYSEARCA:AVIE) by 83.9% in the fourth quarter, HoldingsChannel reports. The fund owned 3,035 shares of the company’s stock after acquiring an additional 1,385 shares during the period. Lam Group Inc.’s holdings in Avantis Inflation Focused Equity ETF were worth $183,000 as of its most recent SEC filing.

Avantis Inflation Focused Equity ETF Price Performance

Shares of NYSEARCA:AVIE opened at $62.21 on Tuesday. The company’s 50-day moving average price is $62.47 and its two-hundred day moving average price is $63.44. Avantis Inflation Focused Equity ETF has a one year low of $57.24 and a one year high of $65.85. The stock has a market capitalization of $4.98 million, a PE ratio of 12.65 and a beta of 0.51.

About Avantis Inflation Focused Equity ETF

The Avantis Inflation Focused Equity ETF (AVIE) is an exchange-traded fund that mostly invests in total market equity. The fund is an actively managed equity fund of US companies involved in sectors or industries that tend to outperform during periods of inflation. AVIE was launched on Sep 27, 2022 and is managed by American Century Investments.