Cannon Financial Strategists Inc. Has $20.29 Million Stock Position in Avantis International Equity ETF $AVDE

Cannon Financial Strategists Inc. reduced its holdings in shares of Avantis International Equity ETF (NYSEARCA:AVDE) by 6.7% in the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 274,186 shares of the company’s stock after selling 19,823 shares during the period. Avantis International Equity ETF accounts for about 3.2% of Cannon Financial Strategists Inc.’s investment portfolio, making the stock its 10th largest holding. Cannon Financial Strategists Inc. owned about 0.25% of Avantis International Equity ETF worth $20,293,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Eastern Bank bought a new position in shares of Avantis International Equity ETF during the first quarter valued at approximately $31,000. AdvisorNet Financial Inc grew its stake in shares of Avantis International Equity ETF by 234.4% in the 2nd quarter. AdvisorNet Financial Inc now owns 642 shares of the company’s stock worth $48,000 after buying an additional 450 shares during the last quarter. Bessemer Group Inc. bought a new position in Avantis International Equity ETF during the 2nd quarter valued at approximately $57,000. Crewe Advisors LLC purchased a new position in Avantis International Equity ETF during the second quarter valued at $58,000. Finally, Assetmark Inc. raised its stake in Avantis International Equity ETF by 433.2% during the second quarter. Assetmark Inc. now owns 997 shares of the company’s stock valued at $74,000 after buying an additional 810 shares during the last quarter.

Avantis International Equity ETF Trading Up 0.4%

NYSEARCA AVDE opened at $79.18 on Friday. Avantis International Equity ETF has a 12 month low of $58.56 and a 12 month high of $80.44. The stock’s fifty day moving average price is $78.74 and its 200-day moving average price is $75.21. The stock has a market cap of $10.34 billion, a P/E ratio of 14.71 and a beta of 0.84.

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.