Private Wealth Management Group LLC Increases Stock Position in Avantis International Equity ETF $AVDE

Private Wealth Management Group LLC grew its stake in shares of Avantis International Equity ETF (NYSEARCA:AVDE) by 9.0% in the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 25,732 shares of the company’s stock after acquiring an additional 2,125 shares during the period. Avantis International Equity ETF comprises about 0.6% of Private Wealth Management Group LLC’s holdings, making the stock its 27th biggest position. Private Wealth Management Group LLC’s holdings in Avantis International Equity ETF were worth $1,904,000 at the end of the most recent reporting period.

Several other institutional investors have also recently modified their holdings of AVDE. CWA Asset Management Group LLC grew its stake in Avantis International Equity ETF by 6.4% in the 1st quarter. CWA Asset Management Group LLC now owns 8,086 shares of the company’s stock worth $536,000 after acquiring an additional 486 shares during the period. Envestnet Portfolio Solutions Inc. purchased a new stake in Avantis International Equity ETF during the 1st quarter worth $203,000. Flagstone Financial Management lifted its holdings in Avantis International Equity ETF by 1.3% in the 1st quarter. Flagstone Financial Management now owns 55,778 shares of the company’s stock worth $3,696,000 after buying an additional 702 shares in the last quarter. Proathlete Wealth Management LLC lifted its holdings in Avantis International Equity ETF by 11.8% in the 1st quarter. Proathlete Wealth Management LLC now owns 66,537 shares of the company’s stock worth $4,412,000 after buying an additional 7,010 shares in the last quarter. Finally, Echo Wealth Management LLC lifted its holdings in Avantis International Equity ETF by 1.1% in the 1st quarter. Echo Wealth Management LLC now owns 182,601 shares of the company’s stock worth $12,101,000 after buying an additional 2,064 shares in the last quarter.

Avantis International Equity ETF Stock Performance

Shares of Avantis International Equity ETF stock opened at $79.07 on Friday. The firm has a market cap of $9.91 billion, a PE ratio of 14.71 and a beta of 0.94. The firm’s 50-day simple moving average is $77.97 and its 200-day simple moving average is $73.50. Avantis International Equity ETF has a 1 year low of $58.56 and a 1 year high of $80.23.

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.