Avantis International Equity ETF (NYSEARCA:AVDE) Position Boosted by Commonwealth Equity Services LLC

Commonwealth Equity Services LLC increased its position in Avantis International Equity ETF (NYSEARCA:AVDE) by 8.0% in the fourth quarter, Holdings Channel reports. The firm owned 378,144 shares of the company’s stock after purchasing an additional 28,094 shares during the quarter. Commonwealth Equity Services LLC’s holdings in Avantis International Equity ETF were worth $23,207,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Strategic Financial Concepts LLC lifted its position in shares of Avantis International Equity ETF by 7,432.5% in the 4th quarter. Strategic Financial Concepts LLC now owns 6,117,174 shares of the company’s stock worth $375,411,000 after buying an additional 6,035,964 shares during the last quarter. Life Planning Partners Inc raised its stake in Avantis International Equity ETF by 6,282.9% during the fourth quarter. Life Planning Partners Inc now owns 931,655 shares of the company’s stock worth $57,000 after acquiring an additional 917,059 shares during the period. Gradient Investments LLC bought a new position in Avantis International Equity ETF in the fourth quarter worth about $42,426,000. Executive Wealth Management LLC acquired a new position in Avantis International Equity ETF in the third quarter valued at approximately $26,196,000. Finally, Modera Wealth Management LLC bought a new position in shares of Avantis International Equity ETF during the fourth quarter valued at approximately $23,477,000.

Avantis International Equity ETF Trading Up 1.9 %

Shares of NYSEARCA AVDE opened at $67.46 on Monday. The company has a market cap of $6.06 billion, a price-to-earnings ratio of 14.81 and a beta of 0.91. The stock’s 50 day simple moving average is $64.50 and its 200 day simple moving average is $64.36. Avantis International Equity ETF has a 12-month low of $59.02 and a 12-month high of $67.94.

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.