Ritholtz Wealth Management Invests $203,000 in Avantis International Equity ETF $AVDE

Ritholtz Wealth Management acquired a new position in shares of Avantis International Equity ETF (NYSEARCA:AVDE) during the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor acquired 2,737 shares of the company’s stock, valued at approximately $203,000.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Eastern Bank bought a new position in shares of Avantis International Equity ETF during the 1st quarter worth about $31,000. AdvisorNet Financial Inc lifted its position in Avantis International Equity ETF by 234.4% in the 2nd quarter. AdvisorNet Financial Inc now owns 642 shares of the company’s stock valued at $48,000 after acquiring an additional 450 shares in the last quarter. JFS Wealth Advisors LLC bought a new position in Avantis International Equity ETF in the 1st quarter valued at about $72,000. North Capital Inc. bought a new position in Avantis International Equity ETF in the 1st quarter valued at about $93,000. Finally, Park Square Financial Group LLC lifted its position in Avantis International Equity ETF by 30.7% in the 1st quarter. Park Square Financial Group LLC now owns 1,630 shares of the company’s stock valued at $108,000 after acquiring an additional 383 shares in the last quarter.

Avantis International Equity ETF Stock Performance

Shares of NYSEARCA AVDE opened at $78.96 on Wednesday. Avantis International Equity ETF has a fifty-two week low of $58.56 and a fifty-two week high of $80.23. The stock has a market cap of $9.89 billion, a price-to-earnings ratio of 14.71 and a beta of 0.94. The firm’s 50-day simple moving average is $78.10 and its 200 day simple moving average is $73.77.

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.