Focus Partners Advisor Solutions LLC Reduces Stock Position in Avantis International Equity ETF $AVDE

Focus Partners Advisor Solutions LLC cut its position in Avantis International Equity ETF (NYSEARCA:AVDE) by 50.8% during the third quarter, according to its most recent Form 13F filing with the SEC. The firm owned 130,848 shares of the company’s stock after selling 134,992 shares during the period. Focus Partners Advisor Solutions LLC’s holdings in Avantis International Equity ETF were worth $10,386,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently modified their holdings of the company. BWM Planning LLC raised its stake in shares of Avantis International Equity ETF by 58.7% during the 2nd quarter. BWM Planning LLC now owns 262,780 shares of the company’s stock worth $19,448,000 after buying an additional 97,229 shares during the period. Assetmark Inc. boosted its stake in shares of Avantis International Equity ETF by 433.2% in the second quarter. Assetmark Inc. now owns 997 shares of the company’s stock worth $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 approximately $6,500,000. Advyzon Investment Management LLC grew its holdings in shares of Avantis International Equity ETF by 110.2% during the third quarter. Advyzon Investment Management LLC now owns 47,714 shares of the company’s stock worth $3,765,000 after buying an additional 25,013 shares in the last quarter. Finally, Cerity Partners LLC grew its holdings in shares of Avantis International Equity ETF by 5.2% during the second quarter. Cerity Partners LLC now owns 691,229 shares of the company’s stock worth $51,158,000 after buying an additional 33,920 shares in the last quarter.

Avantis International Equity ETF Trading Down 1.6%

AVDE stock opened at $90.73 on Tuesday. The firm has a 50-day moving average of $87.11 and a two-hundred day moving average of $81.95. Avantis International Equity ETF has a 12 month low of $58.56 and a 12 month high of $92.60. The company has a market cap of $13.68 billion, a price-to-earnings ratio of 14.71 and a beta of 0.84.

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.