Pacific Life Fund Advisors LLC Sells 63,681 Shares of Avantis International Equity ETF $AVDE

Pacific Life Fund Advisors LLC cut its stake in shares of Avantis International Equity ETF (NYSEARCA:AVDE) by 12.2% during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 457,028 shares of the company’s stock after selling 63,681 shares during the period. Avantis International Equity ETF comprises approximately 3.9% of Pacific Life Fund Advisors LLC’s investment portfolio, making the stock its 11th largest holding. Pacific Life Fund Advisors LLC owned 0.31% of Avantis International Equity ETF worth $37,623,000 as of its most recent filing with the Securities and Exchange Commission.

Several other large investors have also bought and sold shares of AVDE. US Bancorp DE bought a new position in Avantis International Equity ETF during the 3rd quarter valued at $47,000. Investment Research & Advisory Group Inc. bought a new stake in shares of Avantis International Equity ETF during the 4th quarter worth $48,000. Cullen Frost Bankers Inc. bought a new stake in shares of Avantis International Equity ETF during the 3rd quarter worth $64,000. Dogwood Wealth Management LLC raised its stake in shares of Avantis International Equity ETF by 746.4% during the 3rd quarter. Dogwood Wealth Management LLC now owns 1,549 shares of the company’s stock worth $122,000 after purchasing an additional 1,366 shares during the period. Finally, IFP Advisors Inc raised its stake in shares of Avantis International Equity ETF by 10.6% during the 3rd quarter. IFP Advisors Inc now owns 1,591 shares of the company’s stock worth $126,000 after purchasing an additional 152 shares during the period.

Avantis International Equity ETF Stock Performance

Shares of Avantis International Equity ETF stock opened at $91.08 on Friday. Avantis International Equity ETF has a 52-week low of $65.52 and a 52-week high of $92.60. The stock’s 50-day simple moving average is $87.80 and its 200 day simple moving average is $83.92. The stock has a market capitalization of $15.65 billion, a P/E ratio of 14.71 and a beta of 0.80.

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.