Magnolia Private Wealth LLC Has $10.45 Million Stock Holdings in Avantis International Equity ETF (NYSEARCA:AVDE)

Magnolia Private Wealth LLC raised its stake in Avantis International Equity ETF (NYSEARCA:AVDE) by 190.1% in the 1st quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 157,627 shares of the company’s stock after purchasing an additional 103,291 shares during the quarter. Avantis International Equity ETF accounts for about 5.8% of Magnolia Private Wealth LLC’s portfolio, making the stock its 4th biggest position. Magnolia Private Wealth LLC’s holdings in Avantis International Equity ETF were worth $10,446,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other large investors also recently modified their holdings of the stock. Bleakley Financial Group LLC bought a new position in Avantis International Equity ETF during the 4th quarter valued at $218,000. Apollon Wealth Management LLC raised its holdings in shares of Avantis International Equity ETF by 5.5% in the fourth quarter. Apollon Wealth Management LLC now owns 19,287 shares of the company’s stock valued at $1,184,000 after purchasing an additional 1,000 shares during the last quarter. Comprehensive Financial Planning Inc. PA bought a new position in shares of Avantis International Equity ETF during the fourth quarter valued at about $71,000. Paladin Wealth LLC bought a new position in shares of Avantis International Equity ETF during the fourth quarter valued at about $1,184,000. Finally, CAP Partners LLC boosted its holdings in Avantis International Equity ETF by 3.9% during the fourth quarter. CAP Partners LLC now owns 33,266 shares of the company’s stock worth $2,042,000 after purchasing an additional 1,236 shares during the last quarter.

Avantis International Equity ETF Stock Performance

Shares of AVDE stock opened at $73.68 on Wednesday. The company has a market capitalization of $7.15 billion, a price-to-earnings ratio of 14.90 and a beta of 0.84. Avantis International Equity ETF has a 52-week low of $58.56 and a 52-week high of $73.98. The company has a 50-day simple moving average of $68.90 and a two-hundred day simple moving average of $65.96.

About Avantis International Equity ETF

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.