Wealth Enhancement Advisory Services LLC Boosts Stake in Avantis International Equity ETF $AVDE

Wealth Enhancement Advisory Services LLC increased its stake in Avantis International Equity ETF (NYSEARCA:AVDE) by 4.2% in the 4th quarter, according to its most recent disclosure with the SEC. The institutional investor owned 5,102,049 shares of the company’s stock after acquiring an additional 206,717 shares during the period. Avantis International Equity ETF comprises approximately 0.6% of Wealth Enhancement Advisory Services LLC’s portfolio, making the stock its 28th largest position. Wealth Enhancement Advisory Services LLC owned about 3.62% of Avantis International Equity ETF worth $429,545,000 as of its most recent filing with the SEC.

Other large investors have also added to or reduced their stakes in the company. Royal Bank of Canada lifted its stake in Avantis International Equity ETF by 123.9% during the first quarter. Royal Bank of Canada now owns 80,754 shares of the company’s stock worth $5,352,000 after purchasing an additional 44,683 shares during the last quarter. Integrated Wealth Concepts LLC raised its holdings in shares of Avantis International Equity ETF by 49.2% during the 1st quarter. Integrated Wealth Concepts LLC now owns 6,692 shares of the company’s stock valued at $443,000 after buying an additional 2,206 shares in the last quarter. Bank of Montreal Can lifted its position in Avantis International Equity ETF by 6,048.0% in the 2nd quarter. Bank of Montreal Can now owns 1,537 shares of the company’s stock worth $114,000 after buying an additional 1,512 shares during the last quarter. Cetera Investment Advisers lifted its position in Avantis International Equity ETF by 22.3% in the 2nd quarter. Cetera Investment Advisers now owns 4,756 shares of the company’s stock worth $352,000 after buying an additional 868 shares during the last quarter. Finally, JPMorgan Chase & Co. boosted its stake in Avantis International Equity ETF by 40.0% in the second quarter. JPMorgan Chase & Co. now owns 173,687 shares of the company’s stock worth $12,855,000 after buying an additional 49,646 shares in the last quarter.

Avantis International Equity ETF Price Performance

Shares of NYSEARCA AVDE opened at $81.59 on Friday. The stock has a market capitalization of $12.30 billion, a P/E ratio of 14.71 and a beta of 0.84. Avantis International Equity ETF has a one year low of $58.56 and a one year high of $92.60. The firm’s 50 day simple moving average is $87.79 and its two-hundred day simple moving average is $82.77.

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.