Commonwealth Equity Services LLC Purchases New Stake in Avantis All International Markets Equity ETF $AVNM

Commonwealth Equity Services LLC acquired a new position in shares of Avantis All International Markets Equity ETF (NYSEARCA:AVNM) during the 3rd quarter, Holdings Channel.com reports. The firm acquired 884,372 shares of the company’s stock, valued at approximately $73,447,000. Commonwealth Equity Services LLC owned 0.09% of Avantis All International Markets Equity ETF at the end of the most recent quarter.

Several other institutional investors have also recently made changes to their positions in AVNM. Sprinkle Financial Consultants LLC bought a new position in Avantis All International Markets Equity ETF during the 3rd quarter worth about $2,025,000. Acumen Wealth Advisors LLC purchased a new stake in Avantis All International Markets Equity ETF during the first quarter worth $1,500,000. TrustWell Financial Advisors LLC boosted its position in Avantis All International Markets Equity ETF by 13.4% during the 3rd quarter. TrustWell Financial Advisors LLC now owns 75,602 shares of the company’s stock valued at $6,279,000 after acquiring an additional 8,941 shares in the last quarter. LongView Wealth Management bought a new stake in Avantis All International Markets Equity ETF during the 3rd quarter valued at $701,000. Finally, Wealth Management Partners LLC increased its holdings in shares of Avantis All International Markets Equity ETF by 2.2% in the 3rd quarter. Wealth Management Partners LLC now owns 392,508 shares of the company’s stock valued at $32,598,000 after acquiring an additional 8,341 shares during the period.

Avantis All International Markets Equity ETF Stock Down 0.3%

Shares of NYSEARCA AVNM traded down $0.22 during mid-day trading on Friday, reaching $78.61. 132,253 shares of the company were exchanged, compared to its average volume of 66,993. Avantis All International Markets Equity ETF has a 1 year low of $69.39 and a 1 year high of $86.73. The firm has a 50-day moving average of $83.07 and a 200 day moving average of $81.78. The stock has a market cap of $770.38 million, a price-to-earnings ratio of 13.10 and a beta of 0.69.

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.