292,902 Avantis International Equity ETF $AVDE Shares Bought by Simplicity Wealth LLC

Simplicity Wealth LLC lifted its stake in shares of Avantis International Equity ETF (NYSEARCA:AVDE) by 36.8% in the 3rd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 1,088,598 shares of the company’s stock after buying an additional 292,902 shares during the quarter. Avantis International Equity ETF comprises approximately 2.8% of Simplicity Wealth LLC’s investment portfolio, making the stock its largest holding. Simplicity Wealth LLC owned about 0.50% of Avantis International Equity ETF worth $98,094,000 as of its most recent SEC filing.

Several other hedge funds also recently modified their holdings of the stock. Envestnet Asset Management Inc. lifted its position in shares of Avantis International Equity ETF by 6.8% during the 2nd quarter. Envestnet Asset Management Inc. now owns 5,248,750 shares of the company’s stock valued at $468,190,000 after acquiring an additional 332,230 shares during the period. Bank of America Corp DE boosted its stake in Avantis International Equity ETF by 32.4% during the first quarter. Bank of America Corp DE now owns 4,003,424 shares of the company’s stock worth $339,650,000 after acquiring an additional 979,961 shares in the last quarter. PNC Financial Services Group Inc. grew its holdings in Avantis International Equity ETF by 5.8% in the first quarter. PNC Financial Services Group Inc. now owns 3,096,165 shares of the company’s stock worth $262,679,000 after purchasing an additional 169,759 shares during the period. Rockwood Wealth Management LLC grew its holdings in Avantis International Equity ETF by 2.5% in the first quarter. Rockwood Wealth Management LLC now owns 3,008,115 shares of the company’s stock worth $255,208,000 after purchasing an additional 72,655 shares during the period. Finally, Prime Capital Investment Advisors LLC grew its holdings in Avantis International Equity ETF by 267.1% in the third quarter. Prime Capital Investment Advisors LLC now owns 1,704,275 shares of the company’s stock worth $153,572,000 after purchasing an additional 1,240,077 shares during the period.

Avantis International Equity ETF Trading Down 0.6%

AVDE opened at $88.74 on Friday. Avantis International Equity ETF has a 1-year low of $77.20 and a 1-year high of $94.82. The company has a market cap of $19.25 billion, a P/E ratio of 14.71 and a beta of 0.79. The company has a fifty day moving average price of $91.84 and a two-hundred day moving average price of $90.80.

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.