Avantis International Equity ETF $AVDE Stock Acquired by Wealth Enhancement Trust Services Inc.

Wealth Enhancement Trust Services Inc. grew its holdings in Avantis International Equity ETF (NYSEARCA:AVDE) by 52.5% during the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 38,523 shares of the company’s stock after acquiring an additional 13,254 shares during the period. Wealth Enhancement Trust Services Inc.’s holdings in Avantis International Equity ETF were worth $3,471,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also modified their holdings of the business. Team Financial Group LLC increased its stake in shares of Avantis International Equity ETF by 184.5% in the 1st quarter. Team Financial Group LLC now owns 293 shares of the company’s stock worth $25,000 after purchasing an additional 190 shares in the last quarter. Western Wealth Management LLC purchased a new position in Avantis International Equity ETF during the first quarter valued at $42,000. Angeles Wealth Management LLC lifted its position in Avantis International Equity ETF by 470.6% during the second quarter. Angeles Wealth Management LLC now owns 485 shares of the company’s stock valued at $43,000 after purchasing an additional 400 shares in the last quarter. Abound Wealth Management bought a new stake in Avantis International Equity ETF during the second quarter valued at about $44,000. Finally, Eastern Bank purchased a new stake in Avantis International Equity ETF in the third quarter worth about $61,000.

Avantis International Equity ETF Price Performance

Shares of AVDE stock traded down $1.10 during trading hours on Wednesday, reaching $89.48. 1,246,650 shares of the company traded hands, compared to its average volume of 1,156,841. The firm has a 50-day moving average price of $92.66 and a 200 day moving average price of $90.36. The company has a market cap of $19.04 billion, a P/E ratio of 14.71 and a beta of 0.79. Avantis International Equity ETF has a 12-month low of $77.20 and a 12-month high of $94.82.

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.