Avantis International Equity ETF $AVDE is Madrid Wealth Management LLC’s 5th Largest Position

Madrid Wealth Management LLC raised its stake in Avantis International Equity ETF (NYSEARCA:AVDE) by 24.6% during the first quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 77,618 shares of the company’s stock after acquiring an additional 15,305 shares during the period. Avantis International Equity ETF makes up 4.9% of Madrid Wealth Management LLC’s portfolio, making the stock its 5th largest holding. Madrid Wealth Management LLC’s holdings in Avantis International Equity ETF were worth $6,585,000 as of its most recent filing with the SEC.

Several other hedge funds have also bought and sold shares of the stock. Hantz Financial Services Inc. purchased a new position in shares of Avantis International Equity ETF during the fourth quarter valued at about $29,000. RHL Group LLC bought a new stake in shares of Avantis International Equity ETF in the fourth quarter worth about $38,000. US Bancorp DE purchased a new stake in shares of Avantis International Equity ETF in the third quarter worth about $47,000. Investment Research & Advisory Group Inc. purchased a new stake in shares of Avantis International Equity ETF in the fourth quarter worth about $48,000. Finally, Annis Gardner Whiting Capital Advisors LLC bought a new position in Avantis International Equity ETF during the fourth quarter valued at approximately $56,000.

Avantis International Equity ETF Trading Down 0.6%

Shares of Avantis International Equity ETF stock opened at $88.61 on Friday. The firm has a market cap of $15.56 billion, a PE ratio of 14.71 and a beta of 0.77. The stock has a 50 day moving average of $90.04 and a 200 day moving average of $87.46. Avantis International Equity ETF has a 12 month low of $72.79 and a 12 month high of $92.60.

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.