Pacific Excel Wealth Advisors Inc. Acquires New Holdings in Avantis International Equity ETF $AVDE

Pacific Excel Wealth Advisors Inc. acquired a new position in Avantis International Equity ETF (NYSEARCA:AVDE) in the second quarter, Holdings Channel reports. The fund acquired 132,413 shares of the company’s stock, valued at approximately $11,811,000. Avantis International Equity ETF makes up approximately 4.6% of Pacific Excel Wealth Advisors Inc.’s investment portfolio, making the stock its 2nd biggest position.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Align Financial LLC purchased a new position in shares of Avantis International Equity ETF in the 4th quarter valued at $1,117,525,000. Corient Private Wealth LLC lifted its stake in shares of Avantis International Equity ETF by 61.5% during the 4th quarter. Corient Private Wealth LLC now owns 5,824,926 shares of the company’s stock worth $479,508,000 after purchasing an additional 2,219,229 shares during the last quarter. Maseco LLP purchased a new stake in shares of Avantis International Equity ETF during the 1st quarter worth $166,156,000. Advance Capital Management Inc. boosted its position in Avantis International Equity ETF by 1,709.5% during the first quarter. Advance Capital Management Inc. now owns 1,732,496 shares of the company’s stock valued at $146,985,000 after purchasing an additional 1,636,753 shares in the last quarter. Finally, Northwestern Mutual Wealth Management Co. boosted its position in Avantis International Equity ETF by 134.8% during the third quarter. Northwestern Mutual Wealth Management Co. now owns 2,703,438 shares of the company’s stock valued at $213,301,000 after purchasing an additional 1,552,177 shares in the last quarter.

Avantis International Equity ETF Stock Performance

Shares of Avantis International Equity ETF stock opened at $92.60 on Wednesday. The company has a market capitalization of $18.45 billion, a PE ratio of 14.71 and a beta of 0.78. The company has a 50-day simple moving average of $90.00 and a two-hundred day simple moving average of $88.86. Avantis International Equity ETF has a one year low of $74.07 and a one year high of $92.73.

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.