Allworth Financial LP Raises Holdings in Avantis International Equity ETF $AVDE

Allworth Financial LP lifted its stake in Avantis International Equity ETF (NYSEARCA:AVDE) by 37.0% in the 2nd quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 276,538 shares of the company’s stock after purchasing an additional 74,724 shares during the quarter. Allworth Financial LP owned about 0.14% of Avantis International Equity ETF worth $24,667,000 as of its most recent SEC filing.

A number of other institutional investors also recently bought and sold shares of the stock. Team Financial Group LLC increased its stake in Avantis International Equity ETF by 184.5% during the 1st quarter. Team Financial Group LLC now owns 293 shares of the company’s stock valued at $25,000 after purchasing an additional 190 shares in the last quarter. Hantz Financial Services Inc. acquired a new position in shares of Avantis International Equity ETF in the fourth quarter worth about $29,000. RHL Group LLC purchased a new stake in shares of Avantis International Equity ETF during the 4th quarter worth about $38,000. Western Wealth Management LLC purchased a new stake in shares of Avantis International Equity ETF during the 1st quarter worth about $42,000. Finally, Angeles Wealth Management LLC grew its position in shares of Avantis International Equity ETF by 470.6% during the 2nd quarter. Angeles Wealth Management LLC now owns 485 shares of the company’s stock valued at $43,000 after acquiring an additional 400 shares during the period.

Avantis International Equity ETF Stock Performance

Shares of Avantis International Equity ETF stock traded down $0.82 on Tuesday, hitting $93.69. The company’s stock had a trading volume of 823,757 shares, compared to its average volume of 1,128,708. The company has a market capitalization of $18.66 billion, a price-to-earnings ratio of 14.71 and a beta of 0.78. Avantis International Equity ETF has a 1 year low of $77.20 and a 1 year high of $94.82. The firm has a fifty day moving average price of $91.96 and a 200-day moving average price of $89.87.

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.