Nova R Wealth Inc. Has $7.83 Million Position in Avantis All Equity Markets ETF (NYSEARCA:AVGE)

Nova R Wealth Inc. decreased its holdings in shares of Avantis All Equity Markets ETF (NYSEARCA:AVGE) by 0.6% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 108,226 shares of the company’s stock after selling 627 shares during the period. Avantis All Equity Markets ETF comprises 3.9% of Nova R Wealth Inc.’s portfolio, making the stock its 9th biggest holding. Nova R Wealth Inc. owned about 2.14% of Avantis All Equity Markets ETF worth $7,832,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in the business. Annapolis Financial Services LLC raised its stake in shares of Avantis All Equity Markets ETF by 75.7% in the third quarter. Annapolis Financial Services LLC now owns 10,457 shares of the company’s stock valued at $772,000 after acquiring an additional 4,506 shares during the last quarter. Lam Group Inc. raised its stake in shares of Avantis All Equity Markets ETF by 73.0% in the third quarter. Lam Group Inc. now owns 9,165 shares of the company’s stock valued at $677,000 after acquiring an additional 3,868 shares during the last quarter. Werba Rubin Papier Wealth Management raised its stake in shares of Avantis All Equity Markets ETF by 73.7% in the third quarter. Werba Rubin Papier Wealth Management now owns 22,657 shares of the company’s stock valued at $1,674,000 after acquiring an additional 9,612 shares during the last quarter. Eaton Cambridge Inc. raised its stake in shares of Avantis All Equity Markets ETF by 8.2% in the third quarter. Eaton Cambridge Inc. now owns 8,463 shares of the company’s stock valued at $625,000 after acquiring an additional 644 shares during the last quarter. Finally, Integrity Wealth Solutions LLC raised its stake in shares of Avantis All Equity Markets ETF by 14.3% in the third quarter. Integrity Wealth Solutions LLC now owns 7,167 shares of the company’s stock valued at $529,000 after acquiring an additional 897 shares during the last quarter.

Avantis All Equity Markets ETF Trading Up 0.9 %

NYSEARCA:AVGE opened at $75.37 on Friday. Avantis All Equity Markets ETF has a 1 year low of $64.91 and a 1 year high of $76.92. The firm has a 50 day moving average of $74.09 and a 200-day moving average of $73.24. The stock has a market capitalization of $381.37 million, a P/E ratio of 12.73 and a beta of 0.94.

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.