Edge Financial Advisors LLC Buys 121,403 Shares of Avantis All International Markets Equity ETF $AVNM

Edge Financial Advisors LLC increased its stake in shares of Avantis All International Markets Equity ETF (NYSEARCA:AVNM) by 279.8% during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 164,799 shares of the company’s stock after acquiring an additional 121,403 shares during the period. Avantis All International Markets Equity ETF comprises about 5.3% of Edge Financial Advisors LLC’s portfolio, making the stock its 2nd largest position. Edge Financial Advisors LLC owned about 2.50% of Avantis All International Markets Equity ETF worth $12,116,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds and other institutional investors have also made changes to their positions in the company. CWM LLC raised 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 acquiring an additional 219 shares during the period. Frankly Finances LLC acquired a new stake in shares of Avantis All International Markets Equity ETF during the fourth quarter worth $202,000. XY Planning Network Inc. raised its holdings in shares of 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 worth $278,000 after acquiring an additional 541 shares during the period. Susquehanna International Group LLP acquired a new stake in shares of Avantis All International Markets Equity ETF during the third quarter worth $288,000. Finally, Modern Wealth Management LLC acquired a new stake in shares of Avantis All International Markets Equity ETF during the third quarter worth $315,000.

Avantis All International Markets Equity ETF Stock Down 1.8%

Shares of NYSEARCA:AVNM opened at $80.76 on Wednesday. Avantis All International Markets Equity ETF has a 12 month low of $58.02 and a 12 month high of $83.61. The company’s fifty day simple moving average is $79.11 and its 200 day simple moving average is $75.54. The firm has a market cap of $597.62 million, a price-to-earnings ratio of 13.10 and a beta of 0.66.

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.