Fonville Wealth Management LLC Makes New Investment in Avantis International Equity ETF (NYSEARCA:AVDE)

Fonville Wealth Management LLC bought a new position in Avantis International Equity ETF (NYSEARCA:AVDE) during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor bought 24,682 shares of the company’s stock, valued at approximately $1,492,000.

Several other hedge funds also recently bought and sold shares of the company. ICA Group Wealth Management LLC acquired a new position in shares of Avantis International Equity ETF during the 4th quarter valued at about $76,000. WealthShield Partners LLC increased its holdings in shares of Avantis International Equity ETF by 500.0% during the 4th quarter. WealthShield Partners LLC now owns 2,400 shares of the company’s stock valued at $145,000 after acquiring an additional 2,000 shares during the last quarter. Sound Income Strategies LLC acquired a new position in shares of Avantis International Equity ETF during the 4th quarter valued at about $163,000. Janney Montgomery Scott LLC acquired a new position in shares of Avantis International Equity ETF during the 3rd quarter valued at about $210,000. Finally, JPMorgan Chase & Co. increased its holdings in shares of Avantis International Equity ETF by 270.8% during the 4th quarter. JPMorgan Chase & Co. now owns 4,275 shares of the company’s stock valued at $228,000 after acquiring an additional 3,122 shares during the last quarter.

Avantis International Equity ETF Trading Down 0.1 %

AVDE traded down $0.07 during midday trading on Thursday, reaching $61.22. The company’s stock had a trading volume of 192,784 shares, compared to its average volume of 246,836. The stock has a market cap of $4.18 billion, a P/E ratio of 11.62 and a beta of 0.94. The company has a fifty day simple moving average of $62.08 and a 200 day simple moving average of $59.15. Avantis International Equity ETF has a twelve month low of $52.86 and a twelve month high of $64.17.

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.