Marietta Wealth Management LLC Buys Shares of 162,805 Avantis International Equity ETF $AVDE

Marietta Wealth Management LLC purchased a new stake in Avantis International Equity ETF (NYSEARCA:AVDE) during the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor purchased 162,805 shares of the company’s stock, valued at approximately $12,845,000. Avantis International Equity ETF accounts for 1.6% of Marietta Wealth Management LLC’s investment portfolio, making the stock its 19th biggest position. Marietta Wealth Management LLC owned about 0.13% of Avantis International Equity ETF at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Glassman Wealth Services acquired a new position in Avantis International Equity ETF in the second quarter valued at about $25,000. Evolution Wealth Management Inc. acquired a new position in shares of Avantis International Equity ETF during the 2nd quarter worth about $32,000. AdvisorNet Financial Inc grew its position in shares of Avantis International Equity ETF by 234.4% during 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 period. Bessemer Group Inc. bought a new stake in shares of Avantis International Equity ETF in the 2nd quarter valued at about $57,000. Finally, Crewe Advisors LLC acquired a new stake in shares of Avantis International Equity ETF in the 2nd quarter valued at approximately $58,000.

Avantis International Equity ETF Price Performance

Avantis International Equity ETF stock opened at $82.74 on Wednesday. The firm has a market capitalization of $10.81 billion, a price-to-earnings ratio of 14.71 and a beta of 0.84. The company’s 50 day simple moving average is $80.53 and its 200 day simple moving average is $77.78. Avantis International Equity ETF has a fifty-two week low of $58.56 and a fifty-two week high of $83.00.

Avantis International Equity ETF Company 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.