13,876 Avantis International Equity ETF $AVDE Shares Acquired by Verus Wealth Management LLC

Verus Wealth Management LLC grew its holdings in shares of Avantis International Equity ETF (NYSEARCA:AVDE) by 25.5% in the third quarter, Holdings Channel.com reports. The firm owned 68,313 shares of the company’s stock after buying an additional 13,876 shares during the period. Avantis International Equity ETF comprises about 3.8% of Verus Wealth Management LLC’s investment portfolio, making the stock its 7th biggest position. Verus Wealth Management LLC’s holdings in Avantis International Equity ETF were worth $6,156,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in the business. Level Financial Advisors raised its position in shares of Avantis International Equity ETF by 182.9% in the third quarter. Level Financial Advisors now owns 91,616 shares of the company’s stock valued at $8,256,000 after purchasing an additional 59,235 shares during the period. Fragasso Financial Advisors Inc purchased a new stake in shares of Avantis International Equity ETF during the 3rd quarter valued at approximately $222,000. NorthCrest Asset Manangement LLC lifted its stake in shares of Avantis International Equity ETF by 9.1% during the 3rd quarter. NorthCrest Asset Manangement LLC now owns 50,734 shares of the company’s stock valued at $4,530,000 after buying an additional 4,241 shares in the last quarter. Avior Wealth Management LLC purchased a new stake in shares of Avantis International Equity ETF during the 3rd quarter valued at approximately $628,000. Finally, Marquette Asset Management LLC purchased a new stake in shares of Avantis International Equity ETF during the 3rd quarter valued at approximately $45,000.

Avantis International Equity ETF Stock Up 0.5%

AVDE traded up $0.47 on Tuesday, hitting $90.05. The company’s stock had a trading volume of 671,056 shares, compared to its average volume of 1,150,580. The company’s 50 day simple moving average is $92.49 and its 200-day simple moving average is $90.54. The firm has a market cap of $19.17 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.