20,183 Avantis International Equity ETF $AVDE Shares Acquired by Echo Wealth Management LLC

Echo Wealth Management LLC increased its position in shares of Avantis International Equity ETF (NYSEARCA:AVDE) by 6.3% in the 3rd quarter, HoldingsChannel reports. The firm owned 341,572 shares of the company’s stock after acquiring an additional 20,183 shares during the quarter. Avantis International Equity ETF accounts for 15.0% of Echo Wealth Management LLC’s portfolio, making the stock its 2nd largest holding. Echo Wealth Management LLC’s holdings in Avantis International Equity ETF were worth $30,779,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also bought and sold shares of AVDE. Team Financial Group LLC grew its stake in Avantis International Equity ETF by 184.5% during the first quarter. Team Financial Group LLC now owns 293 shares of the company’s stock worth $25,000 after buying an additional 190 shares in the last quarter. Western Wealth Management LLC acquired a new position in shares of Avantis International Equity ETF in the 1st quarter valued at approximately $42,000. Angeles Wealth Management LLC raised its position in shares of Avantis International Equity ETF by 470.6% in the 2nd quarter. Angeles Wealth Management LLC now owns 485 shares of the company’s stock valued at $43,000 after buying an additional 400 shares in the last quarter. Abound Wealth Management acquired a new position in shares of Avantis International Equity ETF in the 2nd quarter valued at approximately $44,000. Finally, Marquette Asset Management LLC acquired a new position in shares of Avantis International Equity ETF in the 3rd quarter valued at approximately $45,000.

Avantis International Equity ETF Trading Up 0.7%

Shares of Avantis International Equity ETF stock opened at $89.89 on Friday. The company has a 50 day moving average of $92.36 and a 200-day moving average of $90.65. 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 $19.39 billion, a PE ratio of 14.71 and a beta of 0.79.

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.