Avantis International Equity ETF $AVDE Position Lifted by Kelman Lazarov Inc.

Kelman Lazarov Inc. boosted its stake in shares of Avantis International Equity ETF (NYSEARCA:AVDE) by 8.6% in the first quarter, HoldingsChannel reports. The institutional investor owned 354,431 shares of the company’s stock after purchasing an additional 28,074 shares during the period. Avantis International Equity ETF comprises approximately 4.3% of Kelman Lazarov Inc.’s holdings, making the stock its 6th largest position. Kelman Lazarov Inc.’s holdings in Avantis International Equity ETF were worth $30,070,000 at the end of the most recent quarter.

Several other large investors also recently added to or reduced their stakes in AVDE. EverSource Wealth Advisors LLC grew its stake in Avantis International Equity ETF by 19.6% in the fourth quarter. EverSource Wealth Advisors LLC now owns 186,126 shares of the company’s stock worth $15,322,000 after purchasing an additional 30,539 shares in the last quarter. Elyxium Wealth LLC bought a new stake in Avantis International Equity ETF during the 4th quarter valued at $7,587,000. Apella Capital LLC raised its position in Avantis International Equity ETF by 7.9% during the 4th quarter. Apella Capital LLC now owns 682,150 shares of the company’s stock valued at $56,155,000 after purchasing an additional 49,699 shares in the last quarter. Certified Advisory Corp lifted its holdings in shares of Avantis International Equity ETF by 27.1% in the 3rd quarter. Certified Advisory Corp now owns 35,052 shares of the company’s stock worth $2,766,000 after buying an additional 7,471 shares during the period. Finally, UBS Group AG lifted its holdings in shares of Avantis International Equity ETF by 8.6% in the 4th quarter. UBS Group AG now owns 1,061,289 shares of the company’s stock worth $87,365,000 after buying an additional 83,675 shares during the period.

Avantis International Equity ETF Stock Performance

AVDE opened at $89.92 on Friday. Avantis International Equity ETF has a 12-month low of $72.79 and a 12-month high of $92.60. The business’s fifty day simple moving average is $89.99 and its 200-day simple moving average is $87.73. The company has a market capitalization of $17.18 billion, a price-to-earnings ratio of 14.71 and a beta of 0.78.

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.