Avantis International Equity ETF $AVDE Shares Sold by ORBA Wealth Advisors L.L.C.

ORBA Wealth Advisors L.L.C. reduced its position in Avantis International Equity ETF (NYSEARCA:AVDE) by 45.5% in the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 25,462 shares of the company’s stock after selling 21,287 shares during the quarter. Avantis International Equity ETF makes up 2.6% of ORBA Wealth Advisors L.L.C.’s portfolio, making the stock its 10th largest holding. ORBA Wealth Advisors L.L.C.’s holdings in Avantis International Equity ETF were worth $2,160,000 at the end of the most recent quarter.

A number of other institutional investors have also recently bought and sold shares of the business. Hantz Financial Services Inc. acquired a new position in shares of Avantis International Equity ETF in the 4th quarter valued at $29,000. RHL Group LLC acquired a new stake in shares of Avantis International Equity ETF during the 4th quarter valued at about $38,000. Investment Research & Advisory Group Inc. acquired a new stake in shares of Avantis International Equity ETF during the 4th quarter valued at about $48,000. US Bancorp DE bought a new stake in Avantis International Equity ETF in the third quarter valued at about $47,000. Finally, Annis Gardner Whiting Capital Advisors LLC bought a new stake in Avantis International Equity ETF in the fourth quarter valued at about $56,000.

Avantis International Equity ETF Trading Down 1.1%

NYSEARCA:AVDE traded down $1.01 during mid-day trading on Tuesday, hitting $89.86. The company’s stock had a trading volume of 258,499 shares, compared to its average volume of 1,185,446. The company has a market capitalization of $17.28 billion, a price-to-earnings ratio of 14.71 and a beta of 0.78. Avantis International Equity ETF has a fifty-two week low of $72.79 and a fifty-two week high of $92.60. The stock has a fifty day moving average of $89.99 and a 200-day moving average of $87.76.

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.