Avantis International Equity ETF $AVDE is Pacific Life Fund Advisors LLC’s 8th Largest Position

Pacific Life Fund Advisors LLC cut its stake in shares of Avantis International Equity ETF (NYSEARCA:AVDE) by 12.2% during the 2nd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 551,719 shares of the company’s stock after selling 76,822 shares during the period. Avantis International Equity ETF accounts for approximately 4.4% of Pacific Life Fund Advisors LLC’s portfolio, making the stock its 8th largest holding. Pacific Life Fund Advisors LLC owned approximately 0.51% of Avantis International Equity ETF worth $40,833,000 at the end of the most recent reporting period.

Other large investors also recently modified their holdings of the company. Bank of New York Mellon Corp increased its holdings in Avantis International Equity ETF by 12.8% during the 1st quarter. Bank of New York Mellon Corp now owns 329,337 shares of the company’s stock worth $21,825,000 after acquiring an additional 37,375 shares during the period. Wealthfront Advisers LLC grew its position in shares of Avantis International Equity ETF by 32.7% during the 1st quarter. Wealthfront Advisers LLC now owns 16,670 shares of the company’s stock valued at $1,105,000 after purchasing an additional 4,109 shares in the last quarter. Private Advisor Group LLC grew its position in shares of Avantis International Equity ETF by 7.5% during the 1st quarter. Private Advisor Group LLC now owns 41,149 shares of the company’s stock valued at $2,727,000 after purchasing an additional 2,856 shares in the last quarter. FAS Wealth Partners Inc. raised its position in shares of Avantis International Equity ETF by 0.3% in the first quarter. FAS Wealth Partners Inc. now owns 179,033 shares of the company’s stock worth $11,865,000 after buying an additional 502 shares in the last quarter. Finally, Aspen Capital Management LLC bought a new stake in Avantis International Equity ETF during the first quarter valued at $631,000.

Avantis International Equity ETF Stock Down 1.0%

Shares of NYSEARCA AVDE opened at $80.36 on Friday. The firm has a market capitalization of $10.50 billion, a P/E ratio of 14.71 and a beta of 0.84. The stock’s 50-day simple moving average is $79.06 and its two-hundred day simple moving average is $75.56. Avantis International Equity ETF has a twelve month low of $58.56 and a twelve month high of $81.28.

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.