Berman McAleer LLC Makes New Investment in Avantis International Equity ETF $AVDE

Berman McAleer LLC bought a new stake in Avantis International Equity ETF (NYSEARCA:AVDE) in the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor bought 22,266 shares of the company’s stock, valued at approximately $1,757,000.

Several other institutional investors have also modified their holdings of AVDE. ORBA Wealth Advisors L.L.C. boosted its position in shares of Avantis International Equity ETF by 21.1% during the 3rd quarter. ORBA Wealth Advisors L.L.C. now owns 39,529 shares of the company’s stock valued at $3,119,000 after acquiring an additional 6,889 shares during the last quarter. Impact Partnership Wealth LLC purchased a new position in Avantis International Equity ETF during the third quarter worth about $232,000. Foundations Investment Advisors LLC raised its stake in Avantis International Equity ETF by 4.7% during the third quarter. Foundations Investment Advisors LLC now owns 453,020 shares of the company’s stock worth $35,743,000 after purchasing an additional 20,205 shares during the period. AE Wealth Management LLC boosted its holdings in Avantis International Equity ETF by 34.3% in the 3rd quarter. AE Wealth Management LLC now owns 48,018 shares of the company’s stock valued at $3,789,000 after purchasing an additional 12,273 shares during the last quarter. Finally, Activest Wealth Management grew its stake in shares of Avantis International Equity ETF by 843.7% in the 3rd quarter. Activest Wealth Management now owns 80,445 shares of the company’s stock valued at $6,347,000 after buying an additional 71,921 shares during the period.

Avantis International Equity ETF Price Performance

Shares of NYSEARCA AVDE opened at $86.89 on Friday. The company has a 50 day simple moving average of $83.23 and a 200-day simple moving average of $79.58. The company has a market capitalization of $12.89 billion, a P/E ratio of 14.71 and a beta of 0.84. Avantis International Equity ETF has a 1 year low of $58.56 and a 1 year high of $88.86.

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.