Advisor OS LLC Invests $1.24 Million in Avantis International Equity ETF (NYSEARCA:AVDE)

Advisor OS LLC purchased a new position in shares of Avantis International Equity ETF (NYSEARCA:AVDE) in the first quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm purchased 18,712 shares of the company’s stock, valued at approximately $1,240,000.

A number of other hedge funds have also made changes to their positions in the stock. Cerity Partners LLC acquired a new position in Avantis International Equity ETF in the fourth quarter worth $41,163,000. Bank of America Corp DE boosted its holdings in Avantis International Equity ETF by 98.6% in the fourth quarter. Bank of America Corp DE now owns 1,337,513 shares of the company’s stock worth $82,083,000 after purchasing an additional 664,014 shares during the period. Mercer Global Advisors Inc. ADV acquired a new position in Avantis International Equity ETF in the fourth quarter worth $37,197,000. Gradient Investments LLC boosted its holdings in shares of Avantis International Equity ETF by 72.6% during the first quarter. Gradient Investments LLC now owns 1,193,068 shares of the company’s stock valued at $79,065,000 after acquiring an additional 501,746 shares during the period. Finally, Simplicity Wealth LLC acquired a new position in shares of Avantis International Equity ETF during the first quarter valued at $25,859,000.

Avantis International Equity ETF Price Performance

NYSEARCA:AVDE opened at $76.20 on Thursday. Avantis International Equity ETF has a fifty-two week low of $58.56 and a fifty-two week high of $76.20. The stock’s 50-day moving average is $73.36 and its two-hundred day moving average is $68.28. The stock has a market cap of $7.82 billion, a PE ratio of 14.71 and a beta of 0.94.

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.