LPL Financial LLC Buys 240,463 Shares of Avantis International Equity ETF (NYSEARCA:AVDE)

LPL Financial LLC lifted its stake in shares of Avantis International Equity ETF (NYSEARCA:AVDE) by 21.5% during the third quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 1,356,991 shares of the company’s stock after acquiring an additional 240,463 shares during the quarter. LPL Financial LLC owned approximately 1.96% of Avantis International Equity ETF worth $90,959,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently modified their holdings of the stock. O Shaughnessy Asset Management LLC purchased a new position in Avantis International Equity ETF during the 1st quarter worth $192,000. CreativeOne Wealth LLC purchased a new position in shares of Avantis International Equity ETF during the first quarter valued at $429,000. Axxcess Wealth Management LLC increased its stake in shares of Avantis International Equity ETF by 54.0% during the first quarter. Axxcess Wealth Management LLC now owns 5,189 shares of the company’s stock valued at $331,000 after buying an additional 1,820 shares during the period. LRI Investments LLC bought a new stake in shares of Avantis International Equity ETF in the first quarter valued at about $71,000. Finally, WMS Partners LLC lifted its stake in Avantis International Equity ETF by 3.6% in the first quarter. WMS Partners LLC now owns 1,728,586 shares of the company’s stock worth $110,180,000 after acquiring an additional 59,930 shares during the period.

Avantis International Equity ETF Price Performance

Shares of Avantis International Equity ETF stock opened at $63.21 on Friday. Avantis International Equity ETF has a 1 year low of $57.61 and a 1 year high of $67.83. The stock has a market cap of $4.37 billion, a price-to-earnings ratio of 11.74 and a beta of 0.82. The firm’s 50-day moving average is $65.00 and its two-hundred day moving average is $64.32.

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.