Mission Wealth Management LP Makes New Investment in Avantis International Equity ETF $AVDE

Mission Wealth Management LP purchased a new position in shares of Avantis International Equity ETF (NYSEARCA:AVDE) in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund purchased 1,455,229 shares of the company’s stock, valued at approximately $119,794,000. Avantis International Equity ETF comprises approximately 2.4% of Mission Wealth Management LP’s holdings, making the stock its 8th biggest position.

Several other hedge funds and other institutional investors have also made changes to their positions in the company. New Dimensions Wealth Management LLC raised its stake in shares of Avantis International Equity ETF by 2.8% during the 4th quarter. New Dimensions Wealth Management LLC now owns 5,547 shares of the company’s stock worth $457,000 after buying an additional 151 shares during the last quarter. IFP Advisors Inc raised its stake in shares of Avantis International Equity ETF by 10.6% during the 3rd quarter. IFP Advisors Inc now owns 1,591 shares of the company’s stock worth $126,000 after buying an additional 152 shares during the last quarter. Baird Financial Group Inc. raised its stake in shares of Avantis International Equity ETF by 2.4% during the 2nd quarter. Baird Financial Group Inc. now owns 7,011 shares of the company’s stock worth $519,000 after buying an additional 166 shares during the last quarter. KKM Financial LLC raised its stake in shares of Avantis International Equity ETF by 2.5% during the 3rd quarter. KKM Financial LLC now owns 7,020 shares of the company’s stock worth $554,000 after buying an additional 172 shares during the last quarter. Finally, Evanson Asset Management LLC raised its stake in shares of Avantis International Equity ETF by 0.8% during the 4th quarter. Evanson Asset Management LLC now owns 22,641 shares of the company’s stock worth $1,864,000 after buying an additional 178 shares during the last quarter.

Avantis International Equity ETF Price Performance

NYSEARCA:AVDE opened at $89.40 on Monday. The company has a market capitalization of $15.70 billion, a PE ratio of 14.71 and a beta of 0.78. Avantis International Equity ETF has a 52-week low of $70.81 and a 52-week high of $92.60. The stock has a fifty day simple moving average of $87.44 and a 200-day simple moving average of $85.32.

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.