Strategic Financial Concepts LLC Acquires 923,922 Shares of Avantis All Equity Markets ETF (NYSEARCA:AVGE)

Strategic Financial Concepts LLC lifted its stake in Avantis All Equity Markets ETF (NYSEARCA:AVGE) by 12,632.2% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 931,236 shares of the company’s stock after acquiring an additional 923,922 shares during the period. Strategic Financial Concepts LLC owned approximately 18.40% of Avantis All Equity Markets ETF worth $67,394,000 at the end of the most recent reporting period.

Other hedge funds also recently made changes to their positions in the company. JPMorgan Chase & Co. purchased a new stake in Avantis All Equity Markets ETF during the 3rd quarter worth about $34,000. LRI Investments LLC bought a new stake in shares of Avantis All Equity Markets ETF during the third quarter valued at about $93,000. Vawter Financial Ltd. purchased a new stake in shares of Avantis All Equity Markets ETF in the third quarter worth about $217,000. Great Point Wealth Advisors LLC boosted its position in shares of Avantis All Equity Markets ETF by 5.2% in the fourth quarter. Great Point Wealth Advisors LLC now owns 3,375 shares of the company’s stock valued at $244,000 after acquiring an additional 167 shares during the period. Finally, Versant Capital Management Inc grew its stake in Avantis All Equity Markets ETF by 272.7% during the fourth quarter. Versant Capital Management Inc now owns 3,749 shares of the company’s stock valued at $271,000 after acquiring an additional 2,743 shares in the last quarter.

Avantis All Equity Markets ETF Trading Up 0.3 %

Avantis All Equity Markets ETF stock opened at $75.20 on Friday. The firm’s 50 day simple moving average is $74.25 and its 200 day simple moving average is $73.09. Avantis All Equity Markets ETF has a 1-year low of $64.31 and a 1-year high of $76.92. The firm has a market capitalization of $380.51 million, a PE ratio of 12.73 and a beta of 0.94.

About Avantis All Equity Markets ETF

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.