Wedmont Private Capital Acquires 5,990 Shares of Avantis International Equity ETF (NYSEARCA:AVDE)

Wedmont Private Capital boosted its holdings in Avantis International Equity ETF (NYSEARCA:AVDE) by 8.7% during the fourth quarter, Holdings Channel.com reports. The fund owned 75,132 shares of the company’s stock after buying an additional 5,990 shares during the quarter. Wedmont Private Capital’s holdings in Avantis International Equity ETF were worth $4,570,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently modified their holdings of the business. Paragon Advisors LLC increased its position in shares of Avantis International Equity ETF by 192.2% in the fourth quarter. Paragon Advisors LLC now owns 11,741 shares of the company’s stock worth $721,000 after purchasing an additional 7,723 shares during the last quarter. Collective Family Office LLC grew its stake in Avantis International Equity ETF by 5.7% in the 4th quarter. Collective Family Office LLC now owns 35,233 shares of the company’s stock worth $2,162,000 after buying an additional 1,903 shares in the last quarter. Sterneck Capital Management LLC raised its position in shares of Avantis International Equity ETF by 1.4% during the 4th quarter. Sterneck Capital Management LLC now owns 33,136 shares of the company’s stock valued at $2,034,000 after buying an additional 470 shares in the last quarter. Ridgeline Wealth LLC bought a new stake in shares of Avantis International Equity ETF during the 4th quarter worth $744,000. Finally, ShankerValleau Wealth Advisors Inc. grew its position in Avantis International Equity ETF by 4.6% in the fourth quarter. ShankerValleau Wealth Advisors Inc. now owns 98,204 shares of the company’s stock worth $6,027,000 after acquiring an additional 4,334 shares in the last quarter.

Avantis International Equity ETF Price Performance

NYSEARCA AVDE traded down $0.26 during trading hours on Monday, reaching $60.56. 203,864 shares of the stock traded hands, compared to its average volume of 359,234. The stock has a 50 day simple moving average of $62.92 and a two-hundred day simple moving average of $63.95. Avantis International Equity ETF has a 1 year low of $57.97 and a 1 year high of $67.83. The company has a market cap of $4.19 billion, a price-to-earnings ratio of 11.74 and a beta of 0.82.

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.