Avantis All International Markets Value ETF $AVNV Shares Bought by Ridgeline Wealth LLC

Ridgeline Wealth LLC grew its stake in Avantis All International Markets Value ETF (NYSEARCA:AVNV) by 9.2% during the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 91,502 shares of the company’s stock after purchasing an additional 7,677 shares during the period. Avantis All International Markets Value ETF comprises approximately 4.3% of Ridgeline Wealth LLC’s investment portfolio, making the stock its 8th largest holding. Ridgeline Wealth LLC owned 11.44% of Avantis All International Markets Value ETF worth $7,553,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also made changes to their positions in the company. RHL Group LLC purchased a new position in shares of Avantis All International Markets Value ETF during the 4th quarter valued at approximately $46,000. Breakwater Capital Group boosted its holdings in Avantis All International Markets Value ETF by 8.8% during the first quarter. Breakwater Capital Group now owns 4,018 shares of the company’s stock worth $315,000 after buying an additional 324 shares in the last quarter. Financial Management Network Inc. purchased a new stake in Avantis All International Markets Value ETF during the first quarter worth $454,000. Susquehanna International Group LLP grew its position in Avantis All International Markets Value ETF by 20.6% during the third quarter. Susquehanna International Group LLP now owns 15,613 shares of the company’s stock valued at $1,120,000 after buying an additional 2,668 shares during the period. Finally, Jane Street Group LLC grew its position in Avantis All International Markets Value ETF by 11.1% during the fourth quarter. Jane Street Group LLC now owns 18,451 shares of the company’s stock valued at $1,380,000 after buying an additional 1,840 shares during the period.

Avantis All International Markets Value ETF Stock Performance

AVNV opened at $88.32 on Friday. Avantis All International Markets Value ETF has a fifty-two week low of $69.80 and a fifty-two week high of $88.48. The company has a fifty day moving average of $84.54 and a two-hundred day moving average of $83.20. The stock has a market capitalization of $70.66 million, a price-to-earnings ratio of 11.05 and a beta of 0.61.

About Avantis All International Markets Value ETF

The Avantis All International Markets Value ETF (AVNV) 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 factor-investing, focusing on securities with value characteristics and higher expected returns. AVNV was launched on Jun 27, 2023 and is managed by American Century Investments.