Acumen Wealth Advisors LLC Invests $1.50 Million in Avantis All International Markets Equity ETF $AVNM

Acumen Wealth Advisors LLC bought a new position in Avantis All International Markets Equity ETF (NYSEARCA:AVNM) during the first quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund bought 19,696 shares of the company’s stock, valued at approximately $1,500,000. Acumen Wealth Advisors LLC owned approximately 0.26% of Avantis All International Markets Equity ETF at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. CWM LLC grew its holdings in Avantis All International Markets Equity ETF by 188.8% during the 4th quarter. CWM LLC now owns 335 shares of the company’s stock valued at $25,000 after buying an additional 219 shares in the last quarter. Team Financial Group LLC bought a new position in shares of Avantis All International Markets Equity ETF during the 1st quarter valued at approximately $30,000. Allworth Financial LP purchased a new position in shares of Avantis All International Markets Equity ETF in the fourth quarter valued at $36,000. Global Retirement Partners LLC purchased a new position in shares of Avantis All International Markets Equity ETF in the fourth quarter valued at $99,000. Finally, Frankly Finances LLC bought a new stake in Avantis All International Markets Equity ETF in the fourth quarter worth $202,000.

Avantis All International Markets Equity ETF Stock Up 1.8%

Avantis All International Markets Equity ETF stock opened at $81.87 on Wednesday. The company has a market cap of $687.71 million, a price-to-earnings ratio of 13.10 and a beta of 0.66. The firm’s fifty day moving average is $82.77 and its 200 day moving average is $80.30. Avantis All International Markets Equity ETF has a 52-week low of $64.77 and a 52-week high of $85.48.

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.