LongView Wealth Management Acquires New Stake in Avantis All International Markets Equity ETF $AVNM

LongView Wealth Management bought a new stake in shares of Avantis All International Markets Equity ETF (NYSEARCA:AVNM) in the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor bought 8,444 shares of the company’s stock, valued at approximately $701,000.

Other hedge funds have also made changes to their positions in the company. Wealth Management Partners LLC lifted its position in shares of Avantis All International Markets Equity ETF by 12.5% in the first quarter. Wealth Management Partners LLC now owns 380,960 shares of the company’s stock valued at $29,018,000 after acquiring an additional 42,284 shares in the last quarter. TrustWell Financial Advisors LLC boosted its stake 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 acquiring an additional 8,941 shares during the last quarter. Kestra Private Wealth Services LLC increased its position in shares of Avantis All International Markets Equity ETF by 42.2% during the first quarter. Kestra Private Wealth Services LLC now owns 35,401 shares of the company’s stock worth $2,697,000 after purchasing an additional 10,500 shares in the last quarter. Altus Wealth Group LLC increased its position in shares of Avantis All International Markets Equity ETF by 5.9% during the first quarter. Altus Wealth Group LLC now owns 30,545 shares of the company’s stock worth $2,327,000 after purchasing an additional 1,698 shares in the last quarter. Finally, Sprinkle Financial Consultants LLC purchased a new stake in shares of Avantis All International Markets Equity ETF during the third quarter worth approximately $2,025,000.

Avantis All International Markets Equity ETF Price Performance

NYSEARCA AVNM traded down $0.07 during mid-day trading on Monday, hitting $81.80. The stock had a trading volume of 42,915 shares, compared to its average volume of 65,102. The firm’s 50 day moving average is $84.44 and its 200 day moving average is $82.91. Avantis All International Markets Equity ETF has a twelve month low of $69.39 and a twelve month high of $86.73. The stock has a market capitalization of $768.87 million, a price-to-earnings ratio of 13.10 and a beta of 0.68.

Avantis All International Markets Equity ETF Profile

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.