Morris Financial Concepts Inc. Has $1.68 Million Stock Holdings in Avantis International Equity ETF (NYSEARCA:AVDE)

Morris Financial Concepts Inc. decreased its stake in shares of Avantis International Equity ETF (NYSEARCA:AVDE) by 1.5% in the 1st quarter, according to its most recent 13F filing with the SEC. The firm owned 26,325 shares of the company’s stock after selling 392 shares during the period. Avantis International Equity ETF accounts for about 0.9% of Morris Financial Concepts Inc.’s portfolio, making the stock its 21st largest holding. Morris Financial Concepts Inc.’s holdings in Avantis International Equity ETF were worth $1,678,000 as of its most recent filing with the SEC.

Several other hedge funds and other institutional investors have also modified their holdings of AVDE. Elevate Wealth Advisory Inc. bought a new stake in Avantis International Equity ETF in the 4th quarter valued at about $34,000. NBC Securities Inc. bought a new stake in shares of Avantis International Equity ETF during the 4th quarter worth approximately $64,000. WealthShield Partners LLC lifted its holdings in shares of Avantis International Equity ETF by 500.0% during the 4th quarter. WealthShield Partners LLC now owns 2,400 shares of the company’s stock worth $145,000 after acquiring an additional 2,000 shares during the period. Clarity Asset Management Inc. bought a new stake in shares of Avantis International Equity ETF during the 4th quarter worth approximately $157,000. Finally, Sound Income Strategies LLC bought a new stake in shares of Avantis International Equity ETF during the 4th quarter worth approximately $163,000.

Avantis International Equity ETF Stock Performance

Shares of Avantis International Equity ETF stock traded up $0.18 on Monday, reaching $62.44. 260,744 shares of the stock were exchanged, compared to its average volume of 260,400. The firm’s 50 day moving average is $63.73 and its 200-day moving average is $61.98. Avantis International Equity ETF has a one year low of $52.86 and a one year high of $65.47. The firm has a market cap of $4.32 billion, a PE ratio of 11.74 and a beta of 0.82.

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.