Flagstone Financial Management Raises Stock Holdings in Avantis International Equity ETF (NYSEARCA:AVDE)

Flagstone Financial Management lifted its holdings in shares of Avantis International Equity ETF (NYSEARCA:AVDE) by 3.4% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 55,076 shares of the company’s stock after purchasing an additional 1,795 shares during the quarter. Avantis International Equity ETF accounts for approximately 1.1% of Flagstone Financial Management’s portfolio, making the stock its 15th largest position. Flagstone Financial Management owned about 0.08% of Avantis International Equity ETF worth $3,380,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently modified their holdings of AVDE. Global Retirement Partners LLC boosted its stake in Avantis International Equity ETF by 39.3% in the third quarter. Global Retirement Partners LLC now owns 9,944 shares of the company’s stock worth $667,000 after buying an additional 2,803 shares in the last quarter. Park Avenue Securities LLC boosted its stake in Avantis International Equity ETF by 11.1% in the third quarter. Park Avenue Securities LLC now owns 271,043 shares of the company’s stock worth $18,168,000 after buying an additional 27,080 shares in the last quarter. NBC Securities Inc. boosted its stake in Avantis International Equity ETF by 17.6% in the third quarter. NBC Securities Inc. now owns 1,471 shares of the company’s stock worth $98,000 after buying an additional 220 shares in the last quarter. Susquehanna International Group LLP purchased a new stake in Avantis International Equity ETF in the second quarter worth approximately $11,655,000. Finally, Proathlete Wealth Management LLC boosted its stake in Avantis International Equity ETF by 15.8% in the third quarter. Proathlete Wealth Management LLC now owns 49,627 shares of the company’s stock worth $3,326,000 after buying an additional 6,775 shares in the last quarter.

Avantis International Equity ETF Price Performance

Shares of AVDE opened at $63.86 on Friday. The firm has a market cap of $4.42 billion, a P/E ratio of 11.74 and a beta of 0.82. Avantis International Equity ETF has a 1 year low of $58.59 and a 1 year high of $67.83. The stock has a 50 day simple moving average of $62.73 and a two-hundred day simple moving average of $63.88.

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.