Nicholson Meyer Capital Management Inc. Buys New Shares in Avantis International Equity ETF $AVDE

Nicholson Meyer Capital Management Inc. bought a new stake in shares of Avantis International Equity ETF (NYSEARCA:AVDE) in the 1st quarter, HoldingsChannel reports. The firm bought 79,944 shares of the company’s stock, valued at approximately $6,782,000. Avantis International Equity ETF accounts for about 5.2% of Nicholson Meyer Capital Management Inc.’s holdings, making the stock its 10th largest position.

A number of other large investors have also recently added to or reduced their stakes in AVDE. EverSource Wealth Advisors LLC increased its stake in Avantis International Equity ETF by 19.6% in the 4th quarter. EverSource Wealth Advisors LLC now owns 186,126 shares of the company’s stock worth $15,322,000 after purchasing an additional 30,539 shares in the last quarter. Elyxium Wealth LLC acquired a new stake in Avantis International Equity ETF during the 4th quarter worth about $7,587,000. Certified Advisory Corp lifted its stake in Avantis International Equity ETF by 27.1% during the third quarter. Certified Advisory Corp now owns 35,052 shares of the company’s stock valued at $2,766,000 after buying an additional 7,471 shares in the last quarter. Apella Capital LLC lifted its stake in Avantis International Equity ETF by 7.9% during the fourth quarter. Apella Capital LLC now owns 682,150 shares of the company’s stock valued at $56,155,000 after buying an additional 49,699 shares in the last quarter. Finally, MAI Capital Management acquired a new position in shares of Avantis International Equity ETF in the third quarter worth about $3,153,000.

Avantis International Equity ETF Price Performance

Shares of AVDE opened at $88.61 on Friday. The company has a 50-day moving average of $90.04 and a two-hundred day moving average of $87.46. The stock has a market cap of $15.56 billion, a price-to-earnings ratio of 14.71 and a beta of 0.77. Avantis International Equity ETF has a one year low of $72.79 and a one year high of $92.60.

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.