Red Lighthouse Investment Management LLC Has $18.13 Million Stock Position in Avantis International Equity ETF (NYSEARCA:AVDE)

Red Lighthouse Investment Management LLC increased its holdings in Avantis International Equity ETF (NYSEARCA:AVDE) by 1.1% in the fourth quarter, Holdings Channel.com reports. The firm owned 295,418 shares of the company’s stock after acquiring an additional 3,121 shares during the period. Avantis International Equity ETF makes up approximately 7.2% of Red Lighthouse Investment Management LLC’s investment portfolio, making the stock its 5th biggest position. Red Lighthouse Investment Management LLC’s holdings in Avantis International Equity ETF were worth $18,130,000 as of its most recent filing with the SEC.

Several other institutional investors and hedge funds also recently made changes to their positions in the business. Strategic Financial Concepts LLC boosted its position in Avantis International Equity ETF by 7,432.5% during the fourth quarter. Strategic Financial Concepts LLC now owns 6,117,174 shares of the company’s stock valued at $375,411,000 after buying an additional 6,035,964 shares during the period. Rockwood Wealth Management LLC boosted its holdings in Avantis International Equity ETF by 7.3% during the 4th quarter. Rockwood Wealth Management LLC now owns 2,657,033 shares of the company’s stock valued at $162,903,000 after acquiring an additional 181,222 shares during the period. HighTower Advisors LLC grew its position in Avantis International Equity ETF by 2.1% during the 3rd quarter. HighTower Advisors LLC now owns 2,408,414 shares of the company’s stock worth $161,433,000 after acquiring an additional 48,936 shares during the last quarter. LPL Financial LLC increased its stake in Avantis International Equity ETF by 21.5% in the 3rd quarter. LPL Financial LLC now owns 1,356,991 shares of the company’s stock worth $90,959,000 after purchasing an additional 240,463 shares during the period. Finally, Adero Partners LLC lifted its position in Avantis International Equity ETF by 10.1% in the fourth quarter. Adero Partners LLC now owns 1,179,332 shares of the company’s stock valued at $72,376,000 after purchasing an additional 108,518 shares during the last quarter.

Avantis International Equity ETF Stock Performance

Shares of Avantis International Equity ETF stock opened at $67.91 on Friday. Avantis International Equity ETF has a 52-week low of $59.02 and a 52-week high of $67.94. The company’s 50 day moving average price is $63.98 and its 200-day moving average price is $64.34. The stock has a market capitalization of $5.99 billion, a price-to-earnings ratio of 15.30 and a beta of 0.92.

Avantis International Equity ETF 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.