Physician Wealth Solutions Inc. Boosts Holdings in Avantis International Equity ETF (NYSEARCA:AVDE)

Physician Wealth Solutions Inc. lifted its stake in Avantis International Equity ETF (NYSEARCA:AVDE) by 1.8% in the 4th quarter, HoldingsChannel reports. The firm owned 99,909 shares of the company’s stock after buying an additional 1,727 shares during the quarter. Avantis International Equity ETF accounts for 3.1% of Physician Wealth Solutions Inc.’s portfolio, making the stock its 13th biggest position. Physician Wealth Solutions Inc.’s holdings in Avantis International Equity ETF were worth $6,131,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently modified their holdings of the stock. WMG Financial Advisors LLC lifted its position in shares of Avantis International Equity ETF by 8.7% in the 4th quarter. WMG Financial Advisors LLC now owns 208,801 shares of the company’s stock worth $12,814,000 after purchasing an additional 16,750 shares during the period. Sage Rhino Capital LLC lifted its position in Avantis International Equity ETF by 6.1% during the 4th quarter. Sage Rhino Capital LLC now owns 107,356 shares of the company’s stock valued at $6,588,000 after acquiring an additional 6,208 shares during the period. Jones Financial Companies Lllp lifted its position in Avantis International Equity ETF by 27.1% during the 4th quarter. Jones Financial Companies Lllp now owns 49,326 shares of the company’s stock valued at $3,027,000 after acquiring an additional 10,507 shares during the period. Modera Wealth Management LLC purchased a new position in Avantis International Equity ETF during the 4th quarter valued at about $23,477,000. Finally, WR Wealth Planners LLC lifted its position in Avantis International Equity ETF by 6.9% during the 4th quarter. WR Wealth Planners LLC now owns 264,535 shares of the company’s stock valued at $16,234,000 after acquiring an additional 16,966 shares during the period.

Avantis International Equity ETF Price Performance

Shares of NYSEARCA AVDE opened at $66.14 on Tuesday. Avantis International Equity ETF has a 1 year low of $59.02 and a 1 year high of $67.83. The stock has a market cap of $5.84 billion, a P/E ratio of 15.30 and a beta of 0.92. The firm has a 50-day moving average of $63.53 and a 200 day moving average of $64.26.

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.