Ridgeline Wealth LLC Has $7.55 Million Stock Position in Avantis All International Markets Value ETF $AVNV

Ridgeline Wealth LLC grew its holdings in Avantis All International Markets Value ETF (NYSEARCA:AVNV) by 9.2% in the 2nd quarter, HoldingsChannel reports. The institutional investor owned 91,502 shares of the company’s stock after acquiring an additional 7,677 shares during the period. Avantis All International Markets Value ETF accounts for approximately 4.4% of Ridgeline Wealth LLC’s investment portfolio, making the stock its 7th biggest holding. Ridgeline Wealth LLC owned about 0.13% of Avantis All International Markets Value ETF worth $7,553,000 at the end of the most recent reporting period.

A number of other large investors have also recently made changes to their positions in AVNV. Breakwater Capital Group increased its position in shares of Avantis All International Markets Value ETF by 8.8% during the first quarter. Breakwater Capital Group now owns 4,018 shares of the company’s stock valued at $315,000 after buying an additional 324 shares during the period. RHL Group LLC purchased a new stake in Avantis All International Markets Value ETF in the fourth quarter worth about $46,000. Farther Finance Advisors LLC bought a new stake in Avantis All International Markets Value ETF during the 4th quarter valued at approximately $99,000. Jane Street Group LLC boosted its position in Avantis All International Markets Value ETF by 11.1% during the 4th quarter. Jane Street Group LLC now owns 18,451 shares of the company’s stock valued at $1,380,000 after acquiring an additional 1,840 shares in the last quarter. Finally, Susquehanna International Group LLP grew its holdings in shares of Avantis All International Markets Value ETF by 20.6% during the 3rd quarter. Susquehanna International Group LLP now owns 15,613 shares of the company’s stock worth $1,120,000 after acquiring an additional 2,668 shares during the period.

Avantis All International Markets Value ETF Stock Performance

AVNV stock opened at $84.94 on Wednesday. Avantis All International Markets Value ETF has a fifty-two week low of $66.78 and a fifty-two week high of $86.35. The company has a market capitalization of $67.95 million, a price-to-earnings ratio of 11.05 and a beta of 0.61. The business’s 50 day moving average price is $83.39 and its two-hundred day moving average price is $82.23.

About Avantis All International Markets Value ETF

The Avantis All International Markets Value ETF (AVNV) 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 factor-investing, focusing on securities with value characteristics and higher expected returns. AVNV was launched on Jun 27, 2023 and is managed by American Century Investments.