Waverly Advisors LLC Increases Stock Holdings in Avantis International Equity ETF $AVDE

Waverly Advisors LLC increased its stake in Avantis International Equity ETF (NYSEARCA:AVDE) by 33.9% in the 1st quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 864,479 shares of the company’s stock after acquiring an additional 219,039 shares during the quarter. Waverly Advisors LLC’s holdings in Avantis International Equity ETF were worth $73,342,000 at the end of the most recent reporting period.

Other institutional investors have also recently made changes to their positions in the company. Team Financial Group LLC raised its stake in Avantis International Equity ETF by 184.5% in the 1st quarter. Team Financial Group LLC now owns 293 shares of the company’s stock valued at $25,000 after purchasing an additional 190 shares during the last quarter. Hantz Financial Services Inc. acquired a new stake in Avantis International Equity ETF during the 4th quarter worth $29,000. RHL Group LLC purchased a new stake in shares of Avantis International Equity ETF during the fourth quarter worth $38,000. US Bancorp DE purchased a new stake in shares of Avantis International Equity ETF during the third quarter worth $47,000. Finally, Investment Research & Advisory Group Inc. acquired a new stake in shares of Avantis International Equity ETF in the fourth quarter valued at about $48,000.

Avantis International Equity ETF Trading Up 0.5%

NYSEARCA:AVDE opened at $89.81 on Friday. The company has a market cap of $17.75 billion, a P/E ratio of 14.71 and a beta of 0.78. Avantis International Equity ETF has a twelve month low of $72.79 and a twelve month high of $92.60. The company’s 50-day moving average price is $89.96 and its 200-day moving average price is $88.52.

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.