Sterneck Capital Management LLC Boosts Stake in Avantis International Equity ETF (NYSEARCA:AVDE)

Sterneck Capital Management LLC grew its holdings in shares of Avantis International Equity ETF (NYSEARCA:AVDE) by 1.4% in the fourth quarter, HoldingsChannel.com reports. The fund owned 33,136 shares of the company’s stock after purchasing an additional 470 shares during the period. Avantis International Equity ETF accounts for about 1.1% of Sterneck Capital Management LLC’s investment portfolio, making the stock its 23rd largest holding. Sterneck Capital Management LLC’s holdings in Avantis International Equity ETF were worth $2,034,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently modified their holdings of the company. Global Wealth Strategies & Associates purchased a new stake in Avantis International Equity ETF in the fourth quarter valued at approximately $32,000. Voisard Asset Management Group Inc. purchased a new stake in shares of Avantis International Equity ETF during the 3rd quarter valued at $41,000. NBC Securities Inc. lifted its holdings in shares of Avantis International Equity ETF by 17.6% during the 3rd quarter. NBC Securities Inc. now owns 1,471 shares of the company’s stock worth $98,000 after acquiring an additional 220 shares during the last quarter. Wilmington Savings Fund Society FSB purchased a new position in Avantis International Equity ETF in the third quarter worth $106,000. Finally, EnRich Financial Partners LLC grew its position in Avantis International Equity ETF by 17.4% in the third quarter. EnRich Financial Partners LLC now owns 2,560 shares of the company’s stock worth $172,000 after acquiring an additional 380 shares in the last quarter.

Avantis International Equity ETF Stock Down 0.2 %

NYSEARCA AVDE opened at $61.94 on Wednesday. The stock’s 50-day simple moving average is $63.07 and its two-hundred day simple moving average is $63.97. Avantis International Equity ETF has a twelve month low of $57.97 and a twelve month high of $67.83. The company has a market capitalization of $4.29 billion, a price-to-earnings ratio of 11.74 and a beta of 0.82.

About Avantis International Equity ETF

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.