GEM Asset Management LLC Has $371,000 Position in Avantis All Equity Markets ETF (NYSEARCA:AVGE)

GEM Asset Management LLC grew its position in Avantis All Equity Markets ETF (NYSEARCA:AVGE) by 11.1% during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 5,121 shares of the company’s stock after purchasing an additional 511 shares during the period. GEM Asset Management LLC owned about 0.10% of Avantis All Equity Markets ETF worth $371,000 at the end of the most recent quarter.

A number of other hedge funds have also recently added to or reduced their stakes in the company. Strategic Blueprint LLC raised its holdings in Avantis All Equity Markets ETF by 1.9% in the 4th quarter. Strategic Blueprint LLC now owns 7,497 shares of the company’s stock worth $543,000 after acquiring an additional 139 shares during the period. Great Point Wealth Advisors LLC increased its position in shares of Avantis All Equity Markets ETF by 5.2% during the fourth quarter. Great Point Wealth Advisors LLC now owns 3,375 shares of the company’s stock valued at $244,000 after purchasing an additional 167 shares during the period. WESPAC Advisors SoCal LLC raised its stake in shares of Avantis All Equity Markets ETF by 5.1% in the fourth quarter. WESPAC Advisors SoCal LLC now owns 4,234 shares of the company’s stock valued at $306,000 after purchasing an additional 206 shares in the last quarter. Evanson Asset Management LLC raised its stake in shares of Avantis All Equity Markets ETF by 1.1% in the 4th quarter. Evanson Asset Management LLC now owns 23,620 shares of the company’s stock valued at $1,709,000 after buying an additional 254 shares in the last quarter. Finally, TCI Wealth Advisors Inc. lifted its holdings in shares of Avantis All Equity Markets ETF by 5.1% during the 4th quarter. TCI Wealth Advisors Inc. now owns 5,406 shares of the company’s stock worth $391,000 after acquiring an additional 263 shares during the period.

Avantis All Equity Markets ETF Price Performance

Avantis All Equity Markets ETF stock opened at $74.97 on Wednesday. Avantis All Equity Markets ETF has a 52-week low of $64.31 and a 52-week high of $76.92. The stock has a fifty day moving average price of $74.16 and a two-hundred day moving average price of $73.20. The firm has a market capitalization of $379.35 million, a P/E 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.