20,183 Avantis International Equity ETF $AVDE Shares Purchased by Echo Wealth Management LLC

Echo Wealth Management LLC raised its holdings in Avantis International Equity ETF (NYSEARCA:AVDE) by 6.3% in the third quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 341,572 shares of the company’s stock after purchasing an additional 20,183 shares during the period. Avantis International Equity ETF makes up about 15.0% of Echo Wealth Management LLC’s portfolio, making the stock its 2nd largest holding. Echo Wealth Management LLC owned approximately 0.16% of Avantis International Equity ETF worth $30,779,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently made changes to their positions in AVDE. Align Financial LLC bought a new position in shares of Avantis International Equity ETF during the fourth quarter worth approximately $1,117,525,000. Corient Private Wealth LLC raised its position in shares of Avantis International Equity ETF by 61.5% in the fourth quarter. Corient Private Wealth LLC now owns 5,824,926 shares of the company’s stock valued at $479,508,000 after buying an additional 2,219,229 shares in the last quarter. Envestnet Asset Management Inc. raised its position in shares of Avantis International Equity ETF by 6.8% in the second quarter. Envestnet Asset Management Inc. now owns 5,248,750 shares of the company’s stock valued at $468,190,000 after buying an additional 332,230 shares in the last quarter. Bank of America Corp DE boosted its stake in shares of Avantis International Equity ETF by 32.4% in the first quarter. Bank of America Corp DE now owns 4,003,424 shares of the company’s stock valued at $339,650,000 after buying an additional 979,961 shares during the period. Finally, PNC Financial Services Group Inc. boosted its stake in shares of Avantis International Equity ETF by 5.8% in the first quarter. PNC Financial Services Group Inc. now owns 3,096,165 shares of the company’s stock valued at $262,679,000 after buying an additional 169,759 shares during the period.

Avantis International Equity ETF Price Performance

Shares of NYSEARCA:AVDE opened at $89.89 on Friday. The company has a market capitalization of $19.39 billion, a P/E ratio of 14.71 and a beta of 0.79. Avantis International Equity ETF has a 1 year low of $77.20 and a 1 year high of $94.82. The business’s 50 day simple moving average is $92.36 and its 200 day simple moving average is $90.65.

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.