Avantis International Equity ETF (NYSEARCA:AVDE) Stock Position Lifted by WorthPointe LLC

WorthPointe LLC raised its holdings in Avantis International Equity ETF (NYSEARCA:AVDE) by 4.6% in the third quarter, HoldingsChannel reports. The institutional investor owned 149,992 shares of the company’s stock after acquiring an additional 6,599 shares during the quarter. Avantis International Equity ETF makes up about 4.2% of WorthPointe LLC’s holdings, making the stock its 7th largest holding. WorthPointe LLC’s holdings in Avantis International Equity ETF were worth $10,054,000 as of its most recent filing with the SEC.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. O Shaughnessy Asset Management LLC purchased a new stake in Avantis International Equity ETF in the first quarter valued at $192,000. Advisory Resource Group increased its position in Avantis International Equity ETF by 10.7% during the first quarter. Advisory Resource Group now owns 66,476 shares of the company’s stock worth $4,237,000 after purchasing an additional 6,435 shares during the last quarter. LRI Investments LLC purchased a new position in Avantis International Equity ETF in the first quarter worth approximately $70,000. ARQ Wealth Advisors LLC increased its position in shares of Avantis International Equity ETF by 4.3% during the 1st quarter. ARQ Wealth Advisors LLC now owns 155,837 shares of the company’s stock worth $9,933,000 after purchasing an additional 6,406 shares during the last quarter. Finally, Collective Family Office LLC raised its stake in shares of Avantis International Equity ETF by 11.6% in the 2nd quarter. Collective Family Office LLC now owns 35,830 shares of the company’s stock valued at $2,231,000 after acquiring an additional 3,725 shares during the period.

Avantis International Equity ETF Price Performance

NYSEARCA AVDE opened at $63.00 on Wednesday. The company has a market cap of $4.36 billion, a P/E ratio of 11.74 and a beta of 0.82. Avantis International Equity ETF has a 1-year low of $57.61 and a 1-year high of $67.83. The stock has a 50-day moving average of $64.90 and a two-hundred day moving average of $64.32.

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.