Paul R. Ried Financial Group LLC Acquires 12,257 Shares of Avantis All Equity Markets Value ETF $AVGV

Paul R. Ried Financial Group LLC grew its holdings in shares of Avantis All Equity Markets Value ETF (NYSEARCA:AVGV) by 11.6% during the second quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 117,691 shares of the company’s stock after purchasing an additional 12,257 shares during the quarter. Avantis All Equity Markets Value ETF comprises about 4.4% of Paul R. Ried Financial Group LLC’s investment portfolio, making the stock its 9th biggest position. Paul R. Ried Financial Group LLC owned approximately 2.56% of Avantis All Equity Markets Value ETF worth $10,006,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also modified their holdings of the company. Compound Planning Inc. boosted its holdings in Avantis All Equity Markets Value ETF by 30.7% in the first quarter. Compound Planning Inc. now owns 3,669 shares of the company’s stock worth $285,000 after purchasing an additional 862 shares in the last quarter. Austin Wealth Management LLC raised its holdings in Avantis All Equity Markets Value ETF by 9.5% during the fourth quarter. Austin Wealth Management LLC now owns 11,758 shares of the company’s stock valued at $889,000 after buying an additional 1,023 shares in the last quarter. M Wealth Management LLC raised its holdings in Avantis All Equity Markets Value ETF by 4.8% during the fourth quarter. M Wealth Management LLC now owns 30,057 shares of the company’s stock valued at $2,200,000 after buying an additional 1,373 shares in the last quarter. Maimon Wealth Management LTD. acquired a new stake in shares of Avantis All Equity Markets Value ETF in the first quarter worth about $233,000. Finally, Farther Finance Advisors LLC acquired a new stake in shares of Avantis All Equity Markets Value ETF in the fourth quarter worth about $244,000.

Avantis All Equity Markets Value ETF Stock Performance

AVGV opened at $87.69 on Wednesday. The company has a market cap of $429.68 million, a PE ratio of 13.18 and a beta of 0.79. The stock has a 50-day moving average of $85.27 and a 200-day moving average of $82.01. Avantis All Equity Markets Value ETF has a 52-week low of $65.82 and a 52-week high of $87.82.

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