JRM Investment Counsel LLC Boosts Stock Holdings in Avantis International Equity ETF $AVDE

JRM Investment Counsel LLC grew its stake in shares of Avantis International Equity ETF (NYSEARCA:AVDE) by 7.8% in the first quarter, according to its most recent filing with the SEC. The fund owned 256,291 shares of the company’s stock after acquiring an additional 18,524 shares during the period. Avantis International Equity ETF comprises about 5.8% of JRM Investment Counsel LLC’s portfolio, making the stock its 7th largest holding. JRM Investment Counsel LLC owned 0.15% of Avantis International Equity ETF worth $21,744,000 as of its most recent filing with the SEC.

Several other large investors have also modified their holdings of the stock. Align Financial LLC acquired a new stake in shares of Avantis International Equity ETF during the fourth quarter worth $1,117,525,000. Corient Private Wealth LLC lifted its holdings in shares of Avantis International Equity ETF by 61.5% during the fourth quarter. Corient Private Wealth LLC now owns 5,824,926 shares of the company’s stock valued at $479,508,000 after purchasing an additional 2,219,229 shares during the last quarter. Maseco LLP acquired a new position in shares of Avantis International Equity ETF in the 1st quarter valued at $166,156,000. Advance Capital Management Inc. boosted its position in shares of Avantis International Equity ETF by 1,709.5% in the 1st quarter. Advance Capital Management Inc. now owns 1,732,496 shares of the company’s stock valued at $146,985,000 after purchasing an additional 1,636,753 shares during the period. Finally, Northwestern Mutual Wealth Management Co. increased its stake in Avantis International Equity ETF by 134.8% in the 3rd quarter. Northwestern Mutual Wealth Management Co. now owns 2,703,438 shares of the company’s stock worth $213,301,000 after purchasing an additional 1,552,177 shares in the last quarter.

Avantis International Equity ETF Trading Down 1.1%

Shares of AVDE opened at $89.40 on Friday. The business’s 50-day moving average price is $89.95 and its 200 day moving average price is $88.51. The stock has a market capitalization of $17.67 billion, a P/E ratio of 14.71 and a beta of 0.78. Avantis International Equity ETF has a 1-year low of $72.79 and a 1-year high of $92.60.

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.