Thoroughbred Financial Services LLC Raises Position in Avantis All International Markets Equity ETF $AVNM

Thoroughbred Financial Services LLC lifted its position in shares of Avantis All International Markets Equity ETF (NYSEARCA:AVNM) by 43.5% in the 3rd quarter, according to its most recent 13F filing with the SEC. The firm owned 39,372 shares of the company’s stock after acquiring an additional 11,931 shares during the quarter. Thoroughbred Financial Services LLC owned approximately 0.70% of Avantis All International Markets Equity ETF worth $2,779,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also bought and sold shares of AVNM. Geometric Wealth Advisors grew its holdings in shares of Avantis All International Markets Equity ETF by 0.6% during the third quarter. Geometric Wealth Advisors now owns 674,489 shares of the company’s stock worth $47,619,000 after purchasing an additional 3,824 shares in the last quarter. Merit Financial Group LLC grew its stake in shares of Avantis All International Markets Equity ETF by 4.1% in the third quarter. Merit Financial Group LLC now owns 1,782,622 shares of the company’s stock worth $125,853,000 after purchasing an additional 70,308 shares during the last quarter. Envestnet Asset Management Inc. purchased a new position in Avantis All International Markets Equity ETF during the 3rd quarter valued at $13,401,000. AE Wealth Management LLC bought a new position in Avantis All International Markets Equity ETF in the third quarter worth about $363,000. Finally, Truist Financial Corp bought a new position in shares of Avantis All International Markets Equity ETF in the 3rd quarter worth approximately $14,040,000.

Avantis All International Markets Equity ETF Stock Performance

AVNM stock opened at $83.54 on Thursday. The firm has a 50 day moving average price of $77.57 and a 200-day moving average price of $73.03. Avantis All International Markets Equity ETF has a 52-week low of $51.41 and a 52-week high of $83.61. The firm has a market capitalization of $559.72 million, a price-to-earnings ratio of 13.10 and a beta of 0.61.

About Avantis All International Markets Equity ETF

The Avantis All International Markets Equity ETF (AVNM) is an exchange-traded fund that mostly invests in total market equity. The fund is an actively managed fund-of-funds that invests in international equity portfolios, typically heavily weighted towards developed markets outside the US. It seeks long-term capital appreciation through securities with higher expected returns. AVNM was launched on Jun 27, 2023 and is managed by American Century Investments.