Modera Wealth Management LLC Lowers Holdings in Avantis International Equity ETF $AVDE

Modera Wealth Management LLC lessened its position in Avantis International Equity ETF (NYSEARCA:AVDE) by 2.5% during the third quarter, Holdings Channel reports. The fund owned 392,739 shares of the company’s stock after selling 10,132 shares during the period. Modera Wealth Management LLC’s holdings in Avantis International Equity ETF were worth $30,987,000 at the end of the most recent reporting period.

Several other hedge funds have also recently added to or reduced their stakes in AVDE. BWM Planning LLC boosted its position in Avantis International Equity ETF by 58.7% during the 2nd quarter. BWM Planning LLC now owns 262,780 shares of the company’s stock valued at $19,448,000 after buying an additional 97,229 shares during the period. Assetmark Inc. raised its stake in shares of 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 acquiring an additional 810 shares during the last quarter. Great Point Wealth Advisors LLC purchased a new stake in shares of Avantis International Equity ETF during the third quarter worth about $6,500,000. Cerity Partners LLC grew its stake in shares of Avantis International Equity ETF by 5.2% in the second quarter. Cerity Partners LLC now owns 691,229 shares of the company’s stock worth $51,158,000 after purchasing an additional 33,920 shares during the last quarter. Finally, Clear Point Advisors Inc. increased its holdings in Avantis International Equity ETF by 14.2% during the 2nd quarter. Clear Point Advisors Inc. now owns 20,376 shares of the company’s stock valued at $1,508,000 after purchasing an additional 2,532 shares during the period.

Avantis International Equity ETF Price Performance

AVDE opened at $86.64 on Friday. Avantis International Equity ETF has a one year low of $58.56 and a one year high of $86.69. The business has a 50 day simple moving average of $82.29 and a two-hundred day simple moving average of $79.11. The firm has a market capitalization of $12.63 billion, a price-to-earnings 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.