Avantis International Equity ETF $AVDE Stake Trimmed by WMG Financial Advisors LLC

WMG Financial Advisors LLC lessened its stake in shares of Avantis International Equity ETF (NYSEARCA:AVDE) by 8.8% during the 1st quarter, Holdings Channel.com reports. The institutional investor owned 196,310 shares of the company’s stock after selling 18,927 shares during the quarter. Avantis International Equity ETF accounts for about 6.9% of WMG Financial Advisors LLC’s holdings, making the stock its 3rd biggest position. WMG Financial Advisors LLC’s holdings in Avantis International Equity ETF were worth $16,655,000 as of its most recent SEC filing.

A number of other hedge funds also recently bought and sold shares of AVDE. Clearwater Capital Advisors LLC boosted its holdings in shares of Avantis International Equity ETF by 0.6% in the fourth quarter. Clearwater Capital Advisors LLC now owns 22,552 shares of the company’s stock worth $1,856,000 after buying an additional 132 shares during the period. New Dimensions Wealth Management LLC raised its holdings in shares of Avantis International Equity ETF by 2.8% during the fourth quarter. New Dimensions Wealth Management LLC now owns 5,547 shares of the company’s stock valued at $457,000 after acquiring an additional 151 shares during the period. IFP Advisors Inc lifted its position in shares of Avantis International Equity ETF by 10.6% in the 3rd quarter. IFP Advisors Inc now owns 1,591 shares of the company’s stock valued at $126,000 after acquiring an additional 152 shares in the last quarter. Baird Financial Group Inc. lifted its position in shares of Avantis International Equity ETF by 2.4% in the 2nd quarter. Baird Financial Group Inc. now owns 7,011 shares of the company’s stock valued at $519,000 after acquiring an additional 166 shares in the last quarter. Finally, KKM Financial LLC boosted its stake in Avantis International Equity ETF by 2.5% in the 3rd quarter. KKM Financial LLC now owns 7,020 shares of the company’s stock worth $554,000 after purchasing an additional 172 shares during the period.

Avantis International Equity ETF Stock Performance

NYSEARCA AVDE opened at $89.01 on Tuesday. Avantis International Equity ETF has a twelve month low of $72.79 and a twelve month high of $92.60. The stock has a market cap of $15.63 billion, a price-to-earnings ratio of 14.71 and a beta of 0.77. The firm’s 50 day moving average price is $90.02 and its two-hundred day moving average price is $87.56.

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.