Avantis All International Markets Equity ETF $AVNM is Wealth Management Partners LLC’s Largest Position

Wealth Management Partners LLC boosted its position in Avantis All International Markets Equity ETF (NYSEARCA:AVNM) by 12.5% in the 1st quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 380,960 shares of the company’s stock after purchasing an additional 42,284 shares during the quarter. Avantis All International Markets Equity ETF comprises about 8.3% of Wealth Management Partners LLC’s holdings, making the stock its largest position. Wealth Management Partners LLC owned 5.15% of Avantis All International Markets Equity ETF worth $29,018,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the company. CWM LLC grew its holdings in shares of Avantis All International Markets Equity ETF by 188.8% during the fourth quarter. CWM LLC now owns 335 shares of the company’s stock worth $25,000 after buying an additional 219 shares in the last quarter. Allworth Financial LP acquired a new position in shares of Avantis All International Markets Equity ETF in the fourth quarter valued at approximately $36,000. Global Retirement Partners LLC purchased a new position in shares of Avantis All International Markets Equity ETF during the fourth quarter valued at approximately $99,000. Frankly Finances LLC purchased a new position in shares of Avantis All International Markets Equity ETF during the fourth quarter valued at approximately $202,000. Finally, Royal Bank of Canada lifted its stake in shares of Avantis All International Markets Equity ETF by 167.9% during the fourth quarter. Royal Bank of Canada now owns 2,925 shares of the company’s stock valued at $215,000 after buying an additional 1,833 shares during the period.

Avantis All International Markets Equity ETF Stock Performance

Shares of NYSEARCA AVNM opened at $81.94 on Wednesday. The firm has a market cap of $622.74 million, a P/E ratio of 13.10 and a beta of 0.65. Avantis All International Markets Equity ETF has a 1 year low of $64.56 and a 1 year high of $85.48. The firm’s 50 day moving average price is $82.79 and its 200 day moving average price is $79.08.

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.