Avantis International Equity ETF $AVDE is Simplicity Wealth LLC’s 6th Largest Position

Simplicity Wealth LLC decreased its stake in shares of Avantis International Equity ETF (NYSEARCA:AVDE) by 41.0% during the 3rd quarter, Holdings Channel.com reports. The firm owned 484,792 shares of the company’s stock after selling 336,998 shares during the period. Avantis International Equity ETF accounts for approximately 2.2% of Simplicity Wealth LLC’s portfolio, making the stock its 6th biggest position. Simplicity Wealth LLC’s holdings in Avantis International Equity ETF were worth $38,250,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors also recently bought and sold shares of AVDE. BWM Planning LLC lifted 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 worth $19,448,000 after acquiring an additional 97,229 shares during the period. Assetmark Inc. increased its stake in Avantis International Equity ETF by 433.2% in the 2nd quarter. Assetmark Inc. now owns 997 shares of the company’s stock valued at $74,000 after buying an additional 810 shares during the period. Great Point Wealth Advisors LLC purchased a new position in Avantis International Equity ETF during the 3rd quarter worth $6,500,000. Cerity Partners LLC lifted its stake in shares of Avantis International Equity ETF by 5.2% in the 2nd quarter. Cerity Partners LLC now owns 691,229 shares of the company’s stock worth $51,158,000 after acquiring an additional 33,920 shares during the period. Finally, Clear Point Advisors Inc. boosted its holdings in shares of Avantis International Equity ETF by 14.2% in the second quarter. Clear Point Advisors Inc. now owns 20,376 shares of the company’s stock valued at $1,508,000 after acquiring an additional 2,532 shares in the last quarter.

Avantis International Equity ETF Stock Up 1.1%

Shares of NYSEARCA:AVDE opened at $85.60 on Thursday. Avantis International Equity ETF has a 52 week low of $58.56 and a 52 week high of $85.83. The company has a 50-day moving average price of $82.05 and a 200 day moving average price of $78.97. The company has a market cap of $12.44 billion, a P/E ratio of 14.71 and a beta of 0.84.

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.