Modera Wealth Management LLC Has $32.04 Million Holdings in Avantis International Equity ETF $AVDE

Modera Wealth Management LLC trimmed its position in shares of Avantis International Equity ETF (NYSEARCA:AVDE) by 2.2% during the 1st quarter, Holdings Channel.com reports. The institutional investor owned 377,620 shares of the company’s stock after selling 8,345 shares during the quarter. Modera Wealth Management LLC’s holdings in Avantis International Equity ETF were worth $32,037,000 at the end of the most recent reporting period.

Several other hedge funds also recently modified their holdings of AVDE. Align Financial LLC acquired a new position in shares of Avantis International Equity ETF in the 4th quarter worth approximately $1,117,525,000. Corient Private Wealth LLC increased its holdings in Avantis International Equity ETF by 61.5% during the 4th quarter. Corient Private Wealth LLC now owns 5,824,926 shares of the company’s stock valued at $479,508,000 after purchasing an additional 2,219,229 shares in the last quarter. Wealth Enhancement Advisory Services LLC increased its holdings in Avantis International Equity ETF by 4.2% during the 4th quarter. Wealth Enhancement Advisory Services LLC now owns 5,102,049 shares of the company’s stock valued at $429,545,000 after purchasing an additional 206,717 shares in the last quarter. LPL Financial LLC raised its position in Avantis International Equity ETF by 41.7% in the 4th quarter. LPL Financial LLC now owns 3,266,571 shares of the company’s stock valued at $268,904,000 after purchasing an additional 961,586 shares during the last quarter. Finally, Northwestern Mutual Wealth Management Co. raised its position in Avantis International Equity ETF by 17.0% in the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 3,162,431 shares of the company’s stock valued at $260,331,000 after purchasing an additional 458,993 shares during the last quarter.

Avantis International Equity ETF Stock Performance

Avantis International Equity ETF stock opened at $89.33 on Friday. The firm has a market cap of $17.52 billion, a P/E ratio of 14.71 and a beta of 0.78. The business’s fifty day moving average is $90.08 and its two-hundred day moving average is $88.27. Avantis International Equity ETF has a 52 week low of $72.79 and a 52 week high of $92.60.

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.