Modern Wealth Management LLC Boosts Stock Position in Avantis All Equity Markets ETF (NYSEARCA:AVGE)

Modern Wealth Management LLC raised its stake in Avantis All Equity Markets ETF (NYSEARCA:AVGE) by 1.0% during the 4th quarter, HoldingsChannel reports. The firm owned 20,628 shares of the company’s stock after acquiring an additional 208 shares during the period. Modern Wealth Management LLC’s holdings in Avantis All Equity Markets ETF were worth $1,546,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors have also modified their holdings of AVGE. Parkworth Wealth Management Inc. acquired a new stake in shares of Avantis All Equity Markets ETF during the fourth quarter worth $28,000. JPMorgan Chase & Co. acquired a new stake in shares of Avantis All Equity Markets ETF in the 3rd quarter worth $34,000. LRI Investments LLC purchased a new stake in shares of Avantis All Equity Markets ETF in the third quarter valued at about $93,000. EverSource Wealth Advisors LLC boosted its holdings in shares of Avantis All Equity Markets ETF by 81.0% in the fourth quarter. EverSource Wealth Advisors LLC now owns 1,815 shares of the company’s stock valued at $131,000 after acquiring an additional 812 shares in the last quarter. Finally, Red Lighthouse Investment Management LLC increased its stake in shares of Avantis All Equity Markets ETF by 73.9% during the fourth quarter. Red Lighthouse Investment Management LLC now owns 2,109 shares of the company’s stock worth $153,000 after acquiring an additional 896 shares during the period.

Avantis All Equity Markets ETF Stock Up 0.2 %

Shares of NYSEARCA:AVGE opened at $73.14 on Wednesday. Avantis All Equity Markets ETF has a 52 week low of $65.71 and a 52 week high of $76.92. The company has a 50-day moving average price of $73.81 and a 200 day moving average price of $73.84. The company has a market cap of $479.80 million, a P/E ratio of 16.27 and a beta of 1.04.

Avantis All Equity Markets ETF Company Profile

The Avantis All Equity Markets ETF (AVGE) is an exchange-traded fund that mostly invests in total market equity. The fund is an actively managed fund-of-funds that seeks long-term capital appreciation through investments in equity portfolios holding a wide variety of securities with higher expected returns.