Avantis International Equity ETF $AVDE Shares Sold by Pacific Life Fund Advisors LLC

Pacific Life Fund Advisors LLC lessened its stake in Avantis International Equity ETF (NYSEARCA:AVDE) by 7.7% in the first quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 421,739 shares of the company’s stock after selling 35,289 shares during the period. Avantis International Equity ETF accounts for 4.1% of Pacific Life Fund Advisors LLC’s portfolio, making the stock its 9th biggest holding. Pacific Life Fund Advisors LLC owned about 0.24% of Avantis International Equity ETF worth $35,780,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds and other institutional investors also recently made changes to their positions in the stock. Clearwater Capital Advisors LLC boosted its holdings in shares of Avantis International Equity ETF by 0.6% in the fourth quarter. Clearwater Capital Advisors LLC now owns 22,552 shares of the company’s stock valued at $1,856,000 after acquiring an additional 132 shares in the last quarter. New Dimensions Wealth Management LLC raised its holdings in Avantis International Equity ETF by 2.8% during the fourth quarter. New Dimensions Wealth Management LLC now owns 5,547 shares of the company’s stock worth $457,000 after purchasing an additional 151 shares in the last quarter. IFP Advisors Inc lifted its position in Avantis International Equity ETF by 10.6% in the third quarter. IFP Advisors Inc now owns 1,591 shares of the company’s stock worth $126,000 after purchasing an additional 152 shares during the period. Baird Financial Group Inc. boosted its stake in Avantis International Equity ETF by 2.4% during the 2nd quarter. Baird Financial Group Inc. now owns 7,011 shares of the company’s stock valued at $519,000 after purchasing an additional 166 shares in the last quarter. Finally, KKM Financial LLC increased its position in shares of Avantis International Equity ETF by 2.5% during the 3rd quarter. KKM Financial LLC now owns 7,020 shares of the company’s stock valued at $554,000 after purchasing an additional 172 shares during the period.

Avantis International Equity ETF Stock Performance

AVDE opened at $90.04 on Monday. The company has a market capitalization of $17.55 billion, a PE ratio of 14.71 and a beta of 0.78. The stock’s fifty day moving average is $90.13 and its 200-day moving average is $88.06. Avantis International Equity ETF has a one year low of $72.79 and a one year high of $92.60.

Avantis International Equity ETF Company 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.