Ridgeline Wealth LLC Sells 173,361 Shares of Avantis All Equity Markets Value ETF $AVGV

Ridgeline Wealth LLC reduced its stake in Avantis All Equity Markets Value ETF (NYSEARCA:AVGV) by 95.2% in the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 8,807 shares of the company’s stock after selling 173,361 shares during the period. Avantis All Equity Markets Value ETF accounts for 0.5% of Ridgeline Wealth LLC’s portfolio, making the stock its 28th largest position. Ridgeline Wealth LLC owned approximately 0.40% of Avantis All Equity Markets Value ETF worth $574,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors also recently bought and sold shares of AVGV. Jane Street Group LLC bought a new position in Avantis All Equity Markets Value ETF in the first quarter worth about $236,000. Focus Partners Wealth purchased a new stake in Avantis All Equity Markets Value ETF in the first quarter worth about $320,000. Austin Wealth Management LLC grew its holdings in Avantis All Equity Markets Value ETF by 54.7% in the first quarter. Austin Wealth Management LLC now owns 7,196 shares of the company’s stock worth $430,000 after purchasing an additional 2,544 shares during the period. Evanson Asset Management LLC grew its holdings in Avantis All Equity Markets Value ETF by 19.0% in the first quarter. Evanson Asset Management LLC now owns 21,643 shares of the company’s stock worth $1,315,000 after purchasing an additional 3,452 shares during the period. Finally, Paul R. Ried Financial Group LLC grew its holdings in Avantis All Equity Markets Value ETF by 40.4% in the first quarter. Paul R. Ried Financial Group LLC now owns 55,505 shares of the company’s stock worth $3,373,000 after purchasing an additional 15,959 shares during the period.

Avantis All Equity Markets Value ETF Stock Performance

Shares of AVGV opened at $70.22 on Friday. The stock has a market cap of $159.40 million, a PE ratio of 13.18 and a beta of 0.90. Avantis All Equity Markets Value ETF has a fifty-two week low of $52.64 and a fifty-two week high of $70.60. The firm’s 50-day simple moving average is $68.06 and its two-hundred day simple moving average is $63.99.

Avantis All Equity Markets Value ETF Profile

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.