Jones Financial Companies Lllp Raises Stock Position in Avantis International Equity ETF (NYSEARCA:AVDE)

Jones Financial Companies Lllp raised its holdings in shares of Avantis International Equity ETF (NYSEARCA:AVDE) by 27.1% during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 49,326 shares of the company’s stock after acquiring an additional 10,507 shares during the quarter. Jones Financial Companies Lllp owned approximately 0.07% of Avantis International Equity ETF worth $3,027,000 as of its most recent SEC filing.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Strategic Financial Concepts LLC lifted its position in shares of Avantis International Equity ETF by 7,432.5% in the fourth quarter. Strategic Financial Concepts LLC now owns 6,117,174 shares of the company’s stock worth $375,411,000 after buying an additional 6,035,964 shares in the last quarter. Life Planning Partners Inc increased its stake in Avantis International Equity ETF by 6,282.9% in the 4th quarter. Life Planning Partners Inc now owns 931,655 shares of the company’s stock worth $57,000 after acquiring an additional 917,059 shares during the last quarter. Gradient Investments LLC purchased a new stake in shares of Avantis International Equity ETF during the 4th quarter worth approximately $42,426,000. Executive Wealth Management LLC bought a new position in Avantis International Equity ETF during the third quarter valued at $26,196,000. Finally, Modera Wealth Management LLC purchased a new position in shares of Avantis International Equity ETF in the 4th quarter worth approximately $23,477,000.

Avantis International Equity ETF Trading Up 2.5 %

AVDE stock opened at $67.55 on Thursday. Avantis International Equity ETF has a 12 month low of $59.02 and a 12 month high of $67.83. The stock has a market cap of $5.96 billion, a PE ratio of 15.30 and a beta of 0.92. The company has a 50-day moving average price of $63.74 and a 200 day moving average price of $64.30.

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.