Avantis International Equity ETF $AVDE Shares Bought by Allworth Financial LP

Allworth Financial LP boosted its stake in Avantis International Equity ETF (NYSEARCA:AVDE) by 37.0% during the second quarter, HoldingsChannel reports. The institutional investor owned 276,538 shares of the company’s stock after buying an additional 74,724 shares during the quarter. Allworth Financial LP’s holdings in Avantis International Equity ETF were worth $24,667,000 at the end of the most recent reporting period.

A number of other hedge funds have also made changes to their positions in the company. EverSource Wealth Advisors LLC boosted its stake in shares of 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 acquiring an additional 30,539 shares during the last quarter. Elyxium Wealth LLC acquired a new position in Avantis International Equity ETF in the 4th quarter valued at $7,587,000. Greenwich Wealth Management LLC raised its stake in Avantis International Equity ETF by 25.9% in the 4th quarter. Greenwich Wealth Management LLC now owns 59,999 shares of the company’s stock valued at $4,939,000 after purchasing an additional 12,333 shares during the last quarter. Cauble & Harre Wealth Management Inc. purchased a new position in Avantis International Equity ETF in the 4th quarter valued at $2,277,000. Finally, Clarion Wealth Managment Partners LLC lifted its holdings in Avantis International Equity ETF by 89.4% in the 4th quarter. Clarion Wealth Managment Partners LLC now owns 84,220 shares of the company’s stock valued at $6,933,000 after purchasing an additional 39,760 shares in the last quarter.

Avantis International Equity ETF Trading Down 0.9%

AVDE traded down $0.82 on Tuesday, hitting $93.69. 823,757 shares of the company’s stock were exchanged, compared to its average volume of 1,128,708. Avantis International Equity ETF has a fifty-two week low of $77.20 and a fifty-two week high of $94.82. The stock has a market cap of $18.66 billion, a price-to-earnings ratio of 14.71 and a beta of 0.78. The firm has a 50-day moving average price of $91.96 and a 200-day moving average price of $89.87.

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.