Howard Bailey Securities LLC Makes New $9.75 Million Investment in Avantis All International Markets Equity ETF $AVNM

Howard Bailey Securities LLC bought a new position in Avantis All International Markets Equity ETF (NYSEARCA:AVNM) in the fourth quarter, according to the company in its most recent disclosure with the SEC. The institutional investor bought 132,605 shares of the company’s stock, valued at approximately $9,749,000. Avantis All International Markets Equity ETF makes up about 3.8% of Howard Bailey Securities LLC’s investment portfolio, making the stock its 5th largest holding. Howard Bailey Securities LLC owned 1.98% of Avantis All International Markets Equity ETF at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also bought and sold shares of AVNM. Ausdal Financial Partners Inc. increased its holdings in Avantis All International Markets Equity ETF by 27.7% in the 2nd quarter. Ausdal Financial Partners Inc. now owns 41,481 shares of the company’s stock worth $2,709,000 after purchasing an additional 8,997 shares in the last quarter. Jane Street Group LLC increased its holdings in Avantis All International Markets Equity ETF by 1,399.0% in the 2nd quarter. Jane Street Group LLC now owns 51,461 shares of the company’s stock worth $3,361,000 after purchasing an additional 48,028 shares in the last quarter. North Ridge Wealth Advisors Inc. increased its holdings in Avantis All International Markets Equity ETF by 1,916.4% in the 2nd quarter. North Ridge Wealth Advisors Inc. now owns 9,739 shares of the company’s stock worth $636,000 after purchasing an additional 9,256 shares in the last quarter. Envestnet Asset Management Inc. acquired a new position in Avantis All International Markets Equity ETF in the 3rd quarter worth about $13,401,000. Finally, Geometric Wealth Advisors increased its holdings in Avantis All International Markets Equity ETF by 0.6% in the 3rd quarter. Geometric Wealth Advisors now owns 674,489 shares of the company’s stock worth $47,619,000 after purchasing an additional 3,824 shares in the last quarter.

Avantis All International Markets Equity ETF Stock Up 0.9%

Shares of AVNM opened at $82.10 on Tuesday. Avantis All International Markets Equity ETF has a 12-month low of $63.61 and a 12-month high of $85.29. The business has a 50-day simple moving average of $81.50 and a two-hundred day simple moving average of $78.16. The stock has a market cap of $623.96 million, a PE ratio of 13.10 and a beta of 0.65.

About Avantis All International Markets Equity ETF

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.