Avantis International Equity ETF $AVDE Shares Acquired by Private Wealth Management Group LLC

Private Wealth Management Group LLC raised its holdings in shares of Avantis International Equity ETF (NYSEARCA:AVDE) by 9.0% in the second quarter, HoldingsChannel reports. The institutional investor owned 25,732 shares of the company’s stock after purchasing an additional 2,125 shares during the quarter. Avantis International Equity ETF accounts for about 0.6% of Private Wealth Management Group LLC’s portfolio, making the stock its 27th largest holding. Private Wealth Management Group LLC’s holdings in Avantis International Equity ETF were worth $1,904,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in AVDE. HB Wealth Management LLC grew its position in Avantis International Equity ETF by 27,747.4% during the 1st quarter. HB Wealth Management LLC now owns 2,007,800 shares of the company’s stock worth $133,057,000 after purchasing an additional 2,000,590 shares in the last quarter. Maseco LLP bought a new position in Avantis International Equity ETF in the 2nd quarter worth $129,140,000. Jane Street Group LLC lifted its position in Avantis International Equity ETF by 472.4% during the 1st quarter. Jane Street Group LLC now owns 850,000 shares of the company’s stock worth $56,330,000 after acquiring an additional 701,500 shares during the last quarter. Simplicity Wealth LLC lifted its position in Avantis International Equity ETF by 110.6% during the 2nd quarter. Simplicity Wealth LLC now owns 821,790 shares of the company’s stock worth $60,821,000 after acquiring an additional 431,583 shares during the last quarter. Finally, ACT Advisors LLC. acquired a new position in Avantis International Equity ETF during the 2nd quarter worth $29,654,000.

Avantis International Equity ETF Stock Performance

NYSEARCA:AVDE opened at $79.07 on Friday. The firm’s 50-day moving average is $77.97 and its 200-day moving average is $73.50. Avantis International Equity ETF has a 52-week low of $58.56 and a 52-week high of $80.23. The company has a market cap of $9.91 billion, a price-to-earnings ratio of 14.71 and a beta of 0.94.

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.