Ridgeline Wealth LLC boosted its holdings in shares of Avantis All Equity Markets Value ETF (NYSEARCA:AVGV – Free Report) by 15.6% in the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 182,168 shares of the company’s stock after purchasing an additional 24,576 shares during the period. Avantis All Equity Markets Value ETF comprises approximately 9.4% of Ridgeline Wealth LLC’s investment portfolio, making the stock its 3rd biggest position. Ridgeline Wealth LLC owned 8.47% of Avantis All Equity Markets Value ETF worth $11,071,000 at the end of the most recent quarter.
Several other institutional investors and hedge funds have also recently added to or reduced their stakes in AVGV. Austin Wealth Management LLC lifted its stake in shares of Avantis All Equity Markets Value ETF by 4.4% in the 4th quarter. Austin Wealth Management LLC now owns 4,652 shares of the company’s stock valued at $291,000 after acquiring an additional 195 shares during the last quarter. Meredith Wealth Planning lifted its stake in shares of Avantis All Equity Markets Value ETF by 9.5% in the 4th quarter. Meredith Wealth Planning now owns 382,534 shares of the company’s stock valued at $23,328,000 after acquiring an additional 33,098 shares during the last quarter. Finally, JPMorgan Chase & Co. bought a new position in shares of Avantis All Equity Markets Value ETF in the 4th quarter valued at $9,514,000.
Avantis All Equity Markets Value ETF Stock Performance
Shares of AVGV opened at $64.46 on Friday. Avantis All Equity Markets Value ETF has a 52 week low of $52.64 and a 52 week high of $65.33. The stock has a market capitalization of $152.13 million, a price-to-earnings ratio of 13.18 and a beta of 0.90. The stock has a fifty day moving average of $60.38 and a 200-day moving average of $61.77.
About Avantis All Equity Markets Value ETF
The Avantis All Equity Markets Value ETF (AVGV) is an exchange-traded fund that mostly invests in total market equity. The fund is an actively managed fund-of-funds that invests in global equity portfolios, weighted by geography. It seeks long-term capital appreciation through factor-investing, focusing on securities with value characteristics and higher expected returns.
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