Howard Bailey Securities LLC Takes $9.75 Million Position in Avantis All International Markets Equity ETF $AVNM

Howard Bailey Securities LLC purchased a new stake in Avantis All International Markets Equity ETF (NYSEARCA:AVNM) in the 4th quarter, HoldingsChannel reports. The fund purchased 132,605 shares of the company’s stock, valued at approximately $9,749,000. Avantis All International Markets Equity ETF makes up 3.8% of Howard Bailey Securities LLC’s holdings, making the stock its 5th largest position.

Other institutional investors and hedge funds also recently made changes to their positions in the company. CWM LLC increased its stake in shares of Avantis All International Markets Equity ETF by 188.8% in the fourth quarter. CWM LLC now owns 335 shares of the company’s stock valued at $25,000 after buying an additional 219 shares during the period. Allworth Financial LP acquired a new stake in shares of Avantis All International Markets Equity ETF in the fourth quarter valued at about $36,000. Global Retirement Partners LLC acquired a new stake in shares of Avantis All International Markets Equity ETF in the fourth quarter valued at about $99,000. Frankly Finances LLC acquired a new stake in shares of Avantis All International Markets Equity ETF in the fourth quarter valued at about $202,000. Finally, XY Planning Network Inc. increased its stake in shares of Avantis All International Markets Equity ETF by 16.7% in the fourth quarter. XY Planning Network Inc. now owns 3,785 shares of the company’s stock valued at $278,000 after buying an additional 541 shares during the period.

Avantis All International Markets Equity ETF Trading Up 0.9%

Shares of AVNM stock opened at $82.10 on Tuesday. The stock has a market cap of $623.96 million, a price-to-earnings ratio of 13.10 and a beta of 0.65. The stock has a 50-day moving average of $81.50 and a 200-day moving average of $78.16. Avantis All International Markets Equity ETF has a 1-year low of $63.61 and a 1-year high of $85.29.

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.