Frankly Finances LLC Purchases New Shares in Avantis All Equity Markets ETF $AVGE

Frankly Finances LLC acquired a new stake in Avantis All Equity Markets ETF (NYSEARCA:AVGE) during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm acquired 51,639 shares of the company’s stock, valued at approximately $4,436,000. Avantis All Equity Markets ETF makes up about 3.9% of Frankly Finances LLC’s investment portfolio, making the stock its 6th largest position. Frankly Finances LLC owned 0.63% of Avantis All Equity Markets ETF at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. JPMorgan Chase & Co. lifted its holdings in Avantis All Equity Markets ETF by 309.3% in the 2nd quarter. JPMorgan Chase & Co. now owns 663 shares of the company’s stock valued at $51,000 after purchasing an additional 501 shares in the last quarter. Private Wealth Management Group LLC lifted its holdings in Avantis All Equity Markets ETF by 63.0% in the 4th quarter. Private Wealth Management Group LLC now owns 1,219 shares of the company’s stock valued at $105,000 after purchasing an additional 471 shares in the last quarter. Beaird Harris Wealth Management LLC lifted its holdings in Avantis All Equity Markets ETF by 185.8% in the 3rd quarter. Beaird Harris Wealth Management LLC now owns 2,066 shares of the company’s stock valued at $172,000 after purchasing an additional 1,343 shares in the last quarter. Red Lighthouse Investment Management LLC lifted its holdings in Avantis All Equity Markets ETF by 6.2% in the 3rd quarter. Red Lighthouse Investment Management LLC now owns 2,361 shares of the company’s stock valued at $197,000 after purchasing an additional 138 shares in the last quarter. Finally, Magnus Financial Group LLC purchased a new position in Avantis All Equity Markets ETF in the 4th quarter valued at $209,000.

Avantis All Equity Markets ETF Trading Up 0.2%

NYSEARCA AVGE opened at $93.76 on Friday. Avantis All Equity Markets ETF has a 52 week low of $66.08 and a 52 week high of $94.09. The business’s fifty day simple moving average is $90.60 and its 200-day simple moving average is $87.50.

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. AVGE was launched on Sep 27, 2022 and is managed by American Century Investments.