Avantis International Equity ETF (NYSEARCA:AVDE) Shares Sold by Forum Financial Management LP

Forum Financial Management LP decreased its holdings in shares of Avantis International Equity ETF (NYSEARCA:AVDE) by 93.3% during the 1st quarter, HoldingsChannel.com reports. The fund owned 11,554 shares of the company’s stock after selling 160,221 shares during the period. Forum Financial Management LP’s holdings in Avantis International Equity ETF were worth $766,000 as of its most recent SEC filing.

A number of other institutional investors have also modified their holdings of AVDE. HTG Investment Advisors Inc. grew its stake in Avantis International Equity ETF by 6.8% in the 1st quarter. HTG Investment Advisors Inc. now owns 262,834 shares of the company’s stock valued at $17,418,000 after buying an additional 16,701 shares during the last quarter. Private Wealth Management Group LLC lifted its position in shares of Avantis International Equity ETF by 51.3% in the first quarter. Private Wealth Management Group LLC now owns 23,607 shares of the company’s stock worth $1,564,000 after purchasing an additional 8,000 shares in the last quarter. Bridgewater Advisors Inc. increased its holdings in shares of Avantis International Equity ETF by 21.7% in the first quarter. Bridgewater Advisors Inc. now owns 413,727 shares of the company’s stock valued at $28,555,000 after purchasing an additional 73,664 shares during the last quarter. Wealthfront Advisers LLC grew its stake in shares of Avantis International Equity ETF by 32.7% in the first quarter. Wealthfront Advisers LLC now owns 16,670 shares of the company’s stock valued at $1,105,000 after acquiring an additional 4,109 shares in the last quarter. Finally, Transcendent Capital Group LLC lifted its holdings in shares of Avantis International Equity ETF by 7.4% in the first quarter. Transcendent Capital Group LLC now owns 28,489 shares of the company’s stock worth $1,888,000 after acquiring an additional 1,960 shares during the last quarter.

Avantis International Equity ETF Trading Up 0.2%

NYSEARCA AVDE opened at $73.73 on Friday. The company has a fifty day simple moving average of $73.01 and a 200 day simple moving average of $67.91. The company has a market cap of $7.54 billion, a P/E ratio of 14.71 and a beta of 0.94. Avantis International Equity ETF has a 12-month low of $58.56 and a 12-month high of $74.58.

About Avantis International Equity ETF

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.