Truist Financial Corp Increases Stake in Avantis All International Markets Equity ETF $AVNM

Truist Financial Corp increased its stake in Avantis All International Markets Equity ETF (NYSEARCA:AVNM) by 3.9% during the 4th quarter, according to its most recent Form 13F filing with the SEC. The fund owned 204,500 shares of the company’s stock after acquiring an additional 7,753 shares during the period. Truist Financial Corp’s holdings in Avantis All International Markets Equity ETF were worth $15,035,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. CWM LLC boosted its holdings in shares of Avantis All International Markets Equity ETF by 188.8% in the 4th quarter. CWM LLC now owns 335 shares of the company’s stock valued at $25,000 after purchasing an additional 219 shares during the last quarter. Frankly Finances LLC acquired a new position in Avantis All International Markets Equity ETF in the fourth quarter valued at $202,000. XY Planning Network Inc. grew its position in Avantis All International Markets Equity ETF by 16.7% during the fourth quarter. XY Planning Network Inc. now owns 3,785 shares of the company’s stock valued at $278,000 after acquiring an additional 541 shares during the period. Susquehanna International Group LLP acquired a new stake in Avantis All International Markets Equity ETF during the third quarter worth about $288,000. Finally, Modern Wealth Management LLC acquired a new stake in Avantis All International Markets Equity ETF during the third quarter worth about $315,000.

Avantis All International Markets Equity ETF Stock Down 1.1%

Shares of AVNM stock opened at $82.92 on Friday. The stock has a market cap of $630.19 million, a price-to-earnings ratio of 13.10 and a beta of 0.65. Avantis All International Markets Equity ETF has a fifty-two week low of $60.73 and a fifty-two week high of $84.23. The firm’s 50 day moving average price is $79.03 and its two-hundred day moving average price is $76.30.

Avantis All International Markets Equity ETF Company 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.