Magnolia Private Wealth LLC Has $10.45 Million Holdings in Avantis International Equity ETF (NYSEARCA:AVDE)

Magnolia Private Wealth LLC grew its stake in shares of Avantis International Equity ETF (NYSEARCA:AVDE) by 190.1% during the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 157,627 shares of the company’s stock after purchasing an additional 103,291 shares during the period. Avantis International Equity ETF makes up 5.8% of Magnolia Private Wealth LLC’s investment portfolio, making the stock its 4th biggest holding. Magnolia Private Wealth LLC owned about 0.18% of Avantis International Equity ETF worth $10,446,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors and hedge funds also recently made changes to their positions in the company. CIBC Private Wealth Group LLC acquired a new position in Avantis International Equity ETF during the 4th quarter worth approximately $31,000. Nemes Rush Group LLC bought a new stake in shares of Avantis International Equity ETF during the fourth quarter valued at approximately $38,000. Life Planning Partners Inc raised its position in shares of Avantis International Equity ETF by 6,282.9% during the fourth quarter. Life Planning Partners Inc now owns 931,655 shares of the company’s stock worth $57,000 after purchasing an additional 917,059 shares during the period. Tucker Asset Management LLC bought a new position in shares of Avantis International Equity ETF in the 4th quarter worth $59,000. Finally, Your Advocates Ltd. LLP bought a new position in shares of Avantis International Equity ETF in the 4th quarter worth $63,000.

Avantis International Equity ETF Trading Down 0.0%

NYSEARCA AVDE opened at $73.68 on Wednesday. The company has a market cap of $7.15 billion, a P/E ratio of 14.90 and a beta of 0.84. The company has a fifty day simple moving average of $68.90 and a 200 day simple moving average of $65.96. Avantis International Equity ETF has a 12-month low of $58.56 and a 12-month high of $73.98.

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.