Avantis All International Markets Equity ETF $AVNM Shares Newly Purchased by Commonwealth Equity Services LLC

Commonwealth Equity Services LLC bought a new stake in Avantis All International Markets Equity ETF (NYSEARCA:AVNM) during the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm bought 884,372 shares of the company’s stock, valued at approximately $73,447,000. Commonwealth Equity Services LLC owned 9.02% of Avantis All International Markets Equity ETF at the end of the most recent reporting period.

Several other hedge funds have also recently added to or reduced their stakes in the business. Wealth Management Partners LLC increased its position in Avantis All International Markets Equity ETF by 2.2% in the third quarter. Wealth Management Partners LLC now owns 392,508 shares of the company’s stock worth $32,598,000 after purchasing an additional 8,341 shares during the period. TrustWell Financial Advisors LLC increased its position in shares of Avantis All International Markets Equity ETF by 13.4% in the third quarter. TrustWell Financial Advisors LLC now owns 75,602 shares of the company’s stock worth $6,279,000 after purchasing an additional 8,941 shares during the period. Sprinkle Financial Consultants LLC acquired a new stake in shares of Avantis All International Markets Equity ETF during the 3rd quarter worth approximately $2,025,000. Acumen Wealth Advisors LLC bought a new stake in shares of Avantis All International Markets Equity ETF during the 1st quarter worth $1,500,000. Finally, LongView Wealth Management bought a new position in Avantis All International Markets Equity ETF in the third quarter valued at about $701,000.

Avantis All International Markets Equity ETF Price Performance

NYSEARCA AVNM traded down $0.22 during mid-day trading on Friday, reaching $78.61. 132,253 shares of the stock were exchanged, compared to its average volume of 66,993. The stock has a market cap of $770.38 million, a P/E ratio of 13.10 and a beta of 0.69. Avantis All International Markets Equity ETF has a one year low of $69.39 and a one year high of $86.73. The stock has a 50 day simple moving average of $83.07 and a 200-day simple moving average of $81.78.

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.