Northwest Wealth Management LLC Grows Stake in Avantis International Equity ETF (NYSEARCA:AVDE)

Northwest Wealth Management LLC grew its stake in shares of Avantis International Equity ETF (NYSEARCA:AVDE) by 1.2% during the second quarter, HoldingsChannel reports. The firm owned 116,270 shares of the company’s stock after buying an additional 1,352 shares during the period. Avantis International Equity ETF accounts for 1.9% of Northwest Wealth Management LLC’s portfolio, making the stock its 13th largest position. Northwest Wealth Management LLC’s holdings in Avantis International Equity ETF were worth $7,239,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently modified their holdings of AVDE. Axxcess Wealth Management LLC purchased a new stake in shares of Avantis International Equity ETF during the 4th quarter valued at about $204,000. Private Advisor Group LLC lifted its position in shares of Avantis International Equity ETF by 11.1% during the fourth quarter. Private Advisor Group LLC now owns 39,583 shares of the company’s stock worth $2,392,000 after purchasing an additional 3,950 shares in the last quarter. NBC Securities Inc. purchased a new position in shares of Avantis International Equity ETF in the fourth quarter valued at $64,000. Envestnet Portfolio Solutions Inc. grew its holdings in Avantis International Equity ETF by 6.1% during the 4th quarter. Envestnet Portfolio Solutions Inc. now owns 5,963 shares of the company’s stock valued at $360,000 after purchasing an additional 342 shares in the last quarter. Finally, Lutz Financial Services LLC grew its holdings in Avantis International Equity ETF by 19.3% during the 4th quarter. Lutz Financial Services LLC now owns 145,551 shares of the company’s stock valued at $8,796,000 after purchasing an additional 23,552 shares in the last quarter.

Avantis International Equity ETF Price Performance

Shares of AVDE stock opened at $63.68 on Friday. The company’s fifty day moving average price is $63.79 and its two-hundred day moving average price is $63.37. The firm has a market capitalization of $4.41 billion, a P/E ratio of 11.74 and a beta of 0.82. Avantis International Equity ETF has a 12 month low of $52.86 and a 12 month high of $66.28.

Avantis International Equity ETF Company Profile

The Avantis International Equity ETF (AVDE) is an exchange-traded fund that is based on the MSCI WORLD EX USA IMI INDEX index. The fund is an actively managed portfolio of non-US companies from developed markets, of all market capitalizations, focusing on smaller, value companies. AVDE was launched on Sep 24, 2019 and is managed by American Century Investments.