Avantis All Equity Markets Value ETF $AVGV Shares Purchased by Paul R. Ried Financial Group LLC

Paul R. Ried Financial Group LLC increased its position in Avantis All Equity Markets Value ETF (NYSEARCA:AVGV) by 10.8% during the fourth quarter, HoldingsChannel reports. The institutional investor owned 85,211 shares of the company’s stock after acquiring an additional 8,332 shares during the period. Avantis All Equity Markets Value ETF comprises 2.9% of Paul R. Ried Financial Group LLC’s investment portfolio, making the stock its 10th biggest position. Paul R. Ried Financial Group LLC’s holdings in Avantis All Equity Markets Value ETF were worth $6,236,000 at the end of the most recent quarter.

A number of other hedge funds have also recently added to or reduced their stakes in the company. Rialto Wealth Management LLC increased its holdings in Avantis All Equity Markets Value ETF by 95.7% in the fourth quarter. Rialto Wealth Management LLC now owns 726 shares of the company’s stock worth $53,000 after buying an additional 355 shares during the last quarter. Red Lighthouse Investment Management LLC increased its holdings in Avantis All Equity Markets Value ETF by 42.4% in the fourth quarter. Red Lighthouse Investment Management LLC now owns 1,270 shares of the company’s stock worth $93,000 after buying an additional 378 shares during the last quarter. Austin Wealth Management LLC increased its holdings in Avantis All Equity Markets Value ETF by 9.5% in the fourth quarter. Austin Wealth Management LLC now owns 11,758 shares of the company’s stock worth $889,000 after buying an additional 1,023 shares during the last quarter. Cloud Capital Management LLC acquired a new position in Avantis All Equity Markets Value ETF in the third quarter worth approximately $72,000. Finally, M Wealth Management LLC increased its holdings in Avantis All Equity Markets Value ETF by 4.8% in the fourth quarter. M Wealth Management LLC now owns 30,057 shares of the company’s stock worth $2,200,000 after buying an additional 1,373 shares during the last quarter.

Avantis All Equity Markets Value ETF Trading Up 0.3%

AVGV stock opened at $83.37 on Tuesday. Avantis All Equity Markets Value ETF has a 1 year low of $61.80 and a 1 year high of $84.51. The company has a fifty day simple moving average of $80.12 and a 200 day simple moving average of $77.05. The firm has a market cap of $316.81 million, a PE ratio of 13.18 and a beta of 0.81.

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. AVGV was launched on Jun 27, 2023 and is managed by American Century Investments.