Avantis International Equity ETF $AVDE is Financial Enhancement Group LLC’s 3rd Largest Position

Financial Enhancement Group LLC raised its position in Avantis International Equity ETF (NYSEARCA:AVDE) by 5.4% in the 1st quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 326,601 shares of the company’s stock after acquiring an additional 16,778 shares during the quarter. Avantis International Equity ETF accounts for about 3.7% of Financial Enhancement Group LLC’s investment portfolio, making the stock its 3rd largest holding. Financial Enhancement Group LLC owned approximately 0.19% of Avantis International Equity ETF worth $29,747,000 at the end of the most recent reporting period.

A number of other hedge funds also recently made changes to their positions in AVDE. Hantz Financial Services Inc. purchased a new position in shares of Avantis International Equity ETF in the fourth quarter valued at $29,000. RHL Group LLC purchased a new stake in Avantis International Equity ETF during the 4th quarter worth $38,000. Investment Research & Advisory Group Inc. purchased a new stake in Avantis International Equity ETF during the 4th quarter worth $48,000. US Bancorp DE acquired a new position in Avantis International Equity ETF in the 3rd quarter worth $47,000. Finally, Annis Gardner Whiting Capital Advisors LLC acquired a new position in Avantis International Equity ETF in the 4th quarter worth $56,000.

Avantis International Equity ETF Price Performance

NYSEARCA:AVDE opened at $88.48 on Thursday. The firm has a 50-day moving average of $90.11 and a two-hundred day moving average of $87.40. The stock has a market cap of $15.54 billion, a P/E ratio of 14.71 and a beta of 0.77. Avantis International Equity ETF has a 1-year low of $72.13 and a 1-year high of $92.60.

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.