USAdvisors Wealth Management LLC Increases Position in Avantis International Equity ETF $AVDE

USAdvisors Wealth Management LLC increased its stake in Avantis International Equity ETF (NYSEARCA:AVDE) by 1.1% in the 2nd quarter, according to its most recent disclosure with the SEC. The institutional investor owned 15,390 shares of the company’s stock after acquiring an additional 166 shares during the period. USAdvisors Wealth Management LLC’s holdings in Avantis International Equity ETF were worth $1,139,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Advyzon Investment Management LLC boosted its position in Avantis International Equity ETF by 1.1% during the first quarter. Advyzon Investment Management LLC now owns 12,687 shares of the company’s stock valued at $841,000 after buying an additional 144 shares during the period. Moisand Fitzgerald Tamayo LLC boosted its position in Avantis International Equity ETF by 0.3% during the second quarter. Moisand Fitzgerald Tamayo LLC now owns 56,304 shares of the company’s stock valued at $4,167,000 after buying an additional 170 shares during the period. Seed Wealth Management Inc. boosted its position in Avantis International Equity ETF by 1.1% during the first quarter. Seed Wealth Management Inc. now owns 16,665 shares of the company’s stock valued at $1,104,000 after buying an additional 175 shares during the period. Aire Advisors LLC boosted its position in Avantis International Equity ETF by 0.5% during the first quarter. Aire Advisors LLC now owns 37,436 shares of the company’s stock valued at $2,481,000 after buying an additional 202 shares during the period. Finally, Magnus Financial Group LLC boosted its position in Avantis International Equity ETF by 1.3% during the second quarter. Magnus Financial Group LLC now owns 15,561 shares of the company’s stock valued at $1,152,000 after buying an additional 207 shares during the period.

Avantis International Equity ETF Stock Up 0.8%

NYSEARCA AVDE opened at $79.98 on Friday. The company has a 50-day simple moving average of $77.04 and a two-hundred day simple moving average of $72.73. Avantis International Equity ETF has a 12-month low of $58.56 and a 12-month high of $80.09. The firm has a market cap of $9.83 billion, a price-to-earnings ratio of 14.71 and a beta of 0.94.

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.