Flagstone Financial Management Decreases Stake in Avantis International Equity ETF (NYSEARCA:AVDE)

Flagstone Financial Management lessened its holdings in shares of Avantis International Equity ETF (NYSEARCA:AVDE) by 1.9% in the 2nd quarter, Holdings Channel reports. The fund owned 52,953 shares of the company’s stock after selling 1,048 shares during the quarter. Avantis International Equity ETF accounts for 1.2% of Flagstone Financial Management’s holdings, making the stock its 15th largest holding. Flagstone Financial Management’s holdings in Avantis International Equity ETF were worth $3,297,000 at the end of the most recent reporting period.

A number of other hedge funds also recently bought and sold shares of AVDE. Annex Advisory Services LLC boosted its holdings in shares of Avantis International Equity ETF by 115.1% during the 2nd quarter. Annex Advisory Services LLC now owns 4,464,935 shares of the company’s stock worth $277,987,000 after purchasing an additional 2,389,558 shares during the last quarter. BSW Wealth Partners grew its holdings in Avantis International Equity ETF by 2,143.5% in the 1st quarter. BSW Wealth Partners now owns 407,608 shares of the company’s stock valued at $25,981,000 after buying an additional 389,440 shares in the last quarter. Wealth Enhancement Advisory Services LLC grew its holdings in Avantis International Equity ETF by 8.3% in the 1st quarter. Wealth Enhancement Advisory Services LLC now owns 4,109,921 shares of the company’s stock valued at $261,966,000 after buying an additional 316,020 shares in the last quarter. Rockwood Wealth Management LLC increased its stake in shares of Avantis International Equity ETF by 14.3% in the 1st quarter. Rockwood Wealth Management LLC now owns 2,131,007 shares of the company’s stock worth $135,830,000 after acquiring an additional 266,811 shares during the last quarter. Finally, IAM Advisory LLC raised its holdings in shares of Avantis International Equity ETF by 1,565.6% during the 2nd quarter. IAM Advisory LLC now owns 192,326 shares of the company’s stock worth $11,974,000 after acquiring an additional 180,779 shares during the period.

Avantis International Equity ETF Stock Performance

Shares of AVDE stock traded up $1.27 on Friday, hitting $66.10. 137,510 shares of the stock traded hands, compared to its average volume of 260,047. Avantis International Equity ETF has a twelve month low of $52.86 and a twelve month high of $66.13. The firm’s 50-day moving average price is $63.27 and its two-hundred day moving average price is $62.97. The stock has a market capitalization of $4.57 billion, a PE ratio of 11.74 and a beta of 0.82.

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.