Freedom Investment Management Inc. Trims Position in Avantis International Small Cap Equity ETF (NYSEARCA:AVDS)

Freedom Investment Management Inc. lowered its stake in Avantis International Small Cap Equity ETF (NYSEARCA:AVDS) by 7.1% during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 269,967 shares of the company’s stock after selling 20,612 shares during the period. Avantis International Small Cap Equity ETF accounts for approximately 1.2% of Freedom Investment Management Inc.’s holdings, making the stock its 14th biggest holding. Freedom Investment Management Inc. owned 84.36% of Avantis International Small Cap Equity ETF worth $13,992,000 as of its most recent SEC filing.

Other hedge funds have also added to or reduced their stakes in the company. Endeavor Private Wealth Inc. purchased a new position in shares of Avantis International Small Cap Equity ETF during the fourth quarter valued at about $190,000. Envestnet Portfolio Solutions Inc. raised its position in shares of Avantis International Small Cap Equity ETF by 10.5% in the 4th quarter. Envestnet Portfolio Solutions Inc. now owns 5,586 shares of the company’s stock worth $290,000 after acquiring an additional 529 shares in the last quarter. Evanson Asset Management LLC lifted its stake in shares of Avantis International Small Cap Equity ETF by 11.9% in the 4th quarter. Evanson Asset Management LLC now owns 6,437 shares of the company’s stock valued at $334,000 after purchasing an additional 686 shares during the period. Colorado Capital Management Inc. bought a new stake in shares of Avantis International Small Cap Equity ETF during the fourth quarter valued at approximately $345,000. Finally, Farther Finance Advisors LLC lifted its position in Avantis International Small Cap Equity ETF by 36.6% during the fourth quarter. Farther Finance Advisors LLC now owns 7,102 shares of the company’s stock valued at $368,000 after buying an additional 1,903 shares during the period.

Avantis International Small Cap Equity ETF Stock Up 1.2 %

Avantis International Small Cap Equity ETF stock opened at $54.63 on Friday. The stock’s 50 day moving average is $53.98 and its 200 day moving average is $53.46. The company has a market capitalization of $80.85 million, a P/E ratio of 12.15 and a beta of 0.86. Avantis International Small Cap Equity ETF has a twelve month low of $48.00 and a twelve month high of $56.67.

About Avantis International Small Cap Equity ETF

The Avantis International Small Cap Equity ETF (AVDS) is an exchange-traded fund that mostly invests in small-cap stocks. The fund seeks long-term capital appreciation through an actively managed portfolio of small-cap stocks outside the US. AVDS was launched on Jul 18, 2023 and is issued by American Century Investments.