Focus Partners Advisor Solutions LLC Has $17.13 Million Stake in Avantis International Equity ETF $AVDE

Focus Partners Advisor Solutions LLC boosted its stake in Avantis International Equity ETF (NYSEARCA:AVDE) by 15.0% during the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 258,530 shares of the company’s stock after buying an additional 33,637 shares during the quarter. Focus Partners Advisor Solutions LLC owned approximately 0.27% of Avantis International Equity ETF worth $17,133,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently bought and sold shares of AVDE. HB Wealth Management LLC boosted its stake in Avantis International Equity ETF by 27,747.4% in the first quarter. HB Wealth Management LLC now owns 2,007,800 shares of the company’s stock worth $133,057,000 after purchasing an additional 2,000,590 shares in the last quarter. Jane Street Group LLC boosted its stake in Avantis International Equity ETF by 472.4% in the first quarter. Jane Street Group LLC now owns 850,000 shares of the company’s stock worth $56,330,000 after purchasing an additional 701,500 shares in the last quarter. Bank of America Corp DE boosted its stake in Avantis International Equity ETF by 98.6% in the fourth quarter. Bank of America Corp DE now owns 1,337,513 shares of the company’s stock worth $82,083,000 after purchasing an additional 664,014 shares in the last quarter. Gradient Investments LLC boosted its stake in Avantis International Equity ETF by 72.6% in the first quarter. Gradient Investments LLC now owns 1,193,068 shares of the company’s stock worth $79,065,000 after purchasing an additional 501,746 shares in the last quarter. Finally, Simplicity Wealth LLC acquired a new position in Avantis International Equity ETF in the first quarter worth $25,859,000.

Avantis International Equity ETF Stock Down 0.5%

Shares of AVDE opened at $76.85 on Monday. Avantis International Equity ETF has a 12-month low of $58.56 and a 12-month high of $78.14. The firm has a market capitalization of $8.27 billion, a PE ratio of 14.71 and a beta of 0.94. The stock’s fifty day simple moving average is $74.95 and its 200-day simple moving average is $70.74.

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.