Acumen Wealth Advisors LLC Takes Position in Avantis All International Markets Equity ETF $AVNM

Acumen Wealth Advisors LLC purchased a new stake in shares of Avantis All International Markets Equity ETF (NYSEARCA:AVNM) during the 1st quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor purchased 19,696 shares of the company’s stock, valued at approximately $1,500,000.

Several other institutional investors have also recently made changes to their positions in AVNM. Ausdal Financial Partners Inc. boosted its stake in shares of Avantis All International Markets Equity ETF by 27.7% during the 2nd quarter. Ausdal Financial Partners Inc. now owns 41,481 shares of the company’s stock worth $2,709,000 after purchasing an additional 8,997 shares during the period. Jane Street Group LLC raised its position in Avantis All International Markets Equity ETF by 1,399.0% in the 2nd quarter. Jane Street Group LLC now owns 51,461 shares of the company’s stock worth $3,361,000 after purchasing an additional 48,028 shares during the period. North Ridge Wealth Advisors Inc. boosted its position in shares of Avantis All International Markets Equity ETF by 1,916.4% during the second quarter. North Ridge Wealth Advisors Inc. now owns 9,739 shares of the company’s stock valued at $636,000 after buying an additional 9,256 shares during the period. Susquehanna International Group LLP bought a new position in shares of Avantis All International Markets Equity ETF during the third quarter valued at approximately $288,000. Finally, Kestra Private Wealth Services LLC purchased a new stake in shares of Avantis All International Markets Equity ETF in the third quarter worth approximately $1,432,000.

Avantis All International Markets Equity ETF Stock Performance

Shares of AVNM stock opened at $81.87 on Wednesday. The stock has a 50 day moving average price of $82.77 and a 200 day moving average price of $80.30. Avantis All International Markets Equity ETF has a 52-week low of $64.77 and a 52-week high of $85.48. The firm has a market capitalization of $687.71 million, a P/E ratio of 13.10 and a beta of 0.66.

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.