Level Financial Advisors Sells 261 Shares of Avantis International Equity ETF (NYSEARCA:AVDE)

Level Financial Advisors cut its stake in shares of Avantis International Equity ETF (NYSEARCA:AVDE) by 1.7% in the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 15,537 shares of the company’s stock after selling 261 shares during the quarter. Level Financial Advisors’ holdings in Avantis International Equity ETF were worth $990,000 at the end of the most recent reporting period.

Other hedge funds also recently made changes to their positions in the company. ZRC Wealth Management LLC boosted its stake in Avantis International Equity ETF by 3.7% in the 1st quarter. ZRC Wealth Management LLC now owns 136,686 shares of the company’s stock worth $8,711,000 after purchasing an additional 4,870 shares during the period. Accel Wealth Management bought a new position in Avantis International Equity ETF in the 1st quarter worth approximately $207,000. First Trust Direct Indexing L.P. bought a new position in Avantis International Equity ETF in the 1st quarter worth approximately $1,514,000. CAP Partners LLC boosted its stake in Avantis International Equity ETF by 4.8% in the 1st quarter. CAP Partners LLC now owns 27,984 shares of the company’s stock worth $1,784,000 after purchasing an additional 1,278 shares during the period. Finally, Trilogy Capital Inc. boosted its stake in Avantis International Equity ETF by 66.4% in the 1st quarter. Trilogy Capital Inc. now owns 102,931 shares of the company’s stock worth $6,561,000 after purchasing an additional 41,083 shares during the period.

Avantis International Equity ETF Stock Performance

Shares of AVDE traded up $0.79 during mid-day trading on Thursday, hitting $63.37. 805,493 shares of the stock were exchanged, compared to its average volume of 264,846. The company has a market cap of $4.39 billion, a PE ratio of 11.74 and a beta of 0.82. Avantis International Equity ETF has a 52-week low of $52.86 and a 52-week high of $65.47. The firm has a 50-day moving average of $63.77 and a two-hundred day moving average of $62.02.

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.