Evanson Financial LLC Takes Position in Avantis International Equity ETF $AVDE

Evanson Financial LLC purchased a new position in Avantis International Equity ETF (NYSEARCA:AVDE) in the 2nd quarter, Holdings Channel.com reports. The institutional investor purchased 27,414 shares of the company’s stock, valued at approximately $2,445,000.

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

Avantis International Equity ETF Trading Down 0.1%

AVDE opened at $92.92 on Friday. The firm has a market cap of $18.51 billion, a price-to-earnings ratio of 14.71 and a beta of 0.78. Avantis International Equity ETF has a 12 month low of $75.16 and a 12 month high of $93.45. The stock has a fifty day moving average price of $90.06 and a 200-day moving average price of $88.96.

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.