Fermata Advisors LLC Raises Stock Position in Avantis All Equity Markets ETF (NYSEARCA:AVGE)

Fermata Advisors LLC grew its stake in Avantis All Equity Markets ETF (NYSEARCA:AVGE) by 11.9% during the 3rd quarter, Holdings Channel reports. The firm owned 19,493 shares of the company’s stock after purchasing an additional 2,079 shares during the quarter. Fermata Advisors LLC’s holdings in Avantis All Equity Markets ETF were worth $1,440,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also modified their holdings of the stock. Lam Group Inc. lifted its stake in Avantis All Equity Markets ETF by 23.3% in the 1st quarter. Lam Group Inc. now owns 4,688 shares of the company’s stock valued at $327,000 after buying an additional 886 shares in the last quarter. Physician Wealth Advisors Inc. raised its holdings in shares of Avantis All Equity Markets ETF by 2.1% during the first quarter. Physician Wealth Advisors Inc. now owns 17,968 shares of the company’s stock valued at $1,198,000 after acquiring an additional 367 shares during the last quarter. Evanson Asset Management LLC lifted its position in shares of Avantis All Equity Markets ETF by 10.2% in the first quarter. Evanson Asset Management LLC now owns 19,106 shares of the company’s stock valued at $1,334,000 after acquiring an additional 1,773 shares in the last quarter. Waypoint Wealth Partners Inc. boosted its stake in shares of Avantis All Equity Markets ETF by 22.7% in the second quarter. Waypoint Wealth Partners Inc. now owns 8,037 shares of the company’s stock worth $557,000 after acquiring an additional 1,487 shares during the last quarter. Finally, Index Fund Advisors Inc. increased its position in shares of Avantis All Equity Markets ETF by 13.3% during the second quarter. Index Fund Advisors Inc. now owns 59,937 shares of the company’s stock worth $4,155,000 after purchasing an additional 7,029 shares in the last quarter.

Avantis All Equity Markets ETF Trading Up 0.7 %

AVGE stock traded up $0.53 during midday trading on Friday, reaching $74.08. The stock had a trading volume of 5,209 shares, compared to its average volume of 27,964. Avantis All Equity Markets ETF has a 52-week low of $55.77 and a 52-week high of $74.23. The company’s fifty day simple moving average is $71.41 and its 200 day simple moving average is $70.15. The company has a market cap of $374.84 million, a price-to-earnings 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.