Avantis All Equity Markets Value ETF (NYSEARCA:AVGV – Get Free Report) saw a large decline in short interest in the month of October. As of October 15th, there was short interest totaling 31,445 shares, a decline of 69.0% from the September 30th total of 101,413 shares. Approximately 0.6% of the company’s shares are short sold. Based on an average daily trading volume, of 54,459 shares, the days-to-cover ratio is presently 0.6 days.
Avantis All Equity Markets Value ETF Stock Down 1.3%
Shares of NYSEARCA:AVGV traded down $1.08 during midday trading on Friday, reaching $85.14. 35,731 shares of the company were exchanged, compared to its average volume of 40,438. Avantis All Equity Markets Value ETF has a fifty-two week low of $68.54 and a fifty-two week high of $89.04. The firm has a market cap of $476.78 million, a PE ratio of 13.18 and a beta of 0.81. The stock has a fifty day simple moving average of $86.38 and a two-hundred day simple moving average of $83.36.
Institutional Inflows and Outflows
Hedge funds and other institutional investors have recently bought and sold shares of the stock. Evanson Financial LLC bought a new position in Avantis All Equity Markets Value ETF in the second quarter valued at about $2,403,000. Paul R. Ried Financial Group LLC raised its position in Avantis All Equity Markets Value ETF by 23.7% in the 1st quarter. Paul R. Ried Financial Group LLC now owns 105,434 shares of the company’s stock valued at $8,175,000 after purchasing an additional 20,223 shares during the last quarter. BIP Wealth LLC bought a new position in Avantis All Equity Markets Value ETF during the 3rd quarter worth about $792,000. Empirical Finance LLC bought a new position in Avantis All Equity Markets Value ETF in the 1st quarter valued at approximately $408,000. Finally, NewEdge Advisors LLC boosted its position in Avantis All Equity Markets Value ETF by 127.3% in the first quarter. NewEdge Advisors LLC now owns 9,171 shares of the company’s stock worth $711,000 after purchasing an additional 5,136 shares during the last quarter.
Avantis All Equity Markets Value ETF Company 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. AVGV was launched on Jun 27, 2023 and is managed by American Century Investments.
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