Redmont Wealth Advisors LLC Invests $1.16 Million in Avantis International Large Cap Value ETF $AVIV

Redmont Wealth Advisors LLC bought a new stake in Avantis International Large Cap Value ETF (NYSEARCA:AVIV) in the 3rd quarter, Holdings Channel reports. The firm bought 17,253 shares of the company’s stock, valued at approximately $1,164,000. Avantis International Large Cap Value ETF makes up approximately 1.6% of Redmont Wealth Advisors LLC’s portfolio, making the stock its 13th largest holding.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. EverSource Wealth Advisors LLC acquired a new stake in Avantis International Large Cap Value ETF in the second quarter valued at $40,000. Nemes Rush Group LLC raised its holdings in shares of Avantis International Large Cap Value ETF by 21.2% in the 2nd quarter. Nemes Rush Group LLC now owns 4,078 shares of the company’s stock valued at $254,000 after purchasing an additional 712 shares during the period. Finally, Lam Group Inc. raised its holdings in shares of Avantis International Large Cap Value ETF by 2.6% in the 3rd quarter. Lam Group Inc. now owns 20,625 shares of the company’s stock valued at $1,391,000 after purchasing an additional 525 shares during the period. 53.08% of the stock is owned by institutional investors.

Avantis International Large Cap Value ETF Stock Performance

Shares of NYSEARCA:AVIV opened at $79.25 on Thursday. Avantis International Large Cap Value ETF has a 52-week low of $49.84 and a 52-week high of $79.72. The company has a market capitalization of $1.14 billion, a P/E ratio of 102.92 and a beta of 0.77. The company has a 50-day simple moving average of $74.15 and a 200 day simple moving average of $69.70.

Avantis International Large Cap Value ETF Company Profile

The Avantis International Large Cap Value ETF (AVIV) is an exchange-traded fund that mostly invests in large cap equity. The fund is an actively managed fund primarily investing in non-US developed market equities with lower prices relative to their book values. AVIV was launched on Sep 28, 2021 and is managed by American Century Investments.