EverSource Wealth Advisors LLC Buys 91,250 Shares of Avantis International Equity ETF $AVDE

EverSource Wealth Advisors LLC boosted its stake in shares of Avantis International Equity ETF (NYSEARCA:AVDE) by 49.0% in the 1st quarter, Holdings Channel.com reports. The firm owned 277,376 shares of the company’s stock after buying an additional 91,250 shares during the quarter. Avantis International Equity ETF makes up 0.7% of EverSource Wealth Advisors LLC’s holdings, making the stock its 26th largest holding. EverSource Wealth Advisors LLC’s holdings in Avantis International Equity ETF were worth $23,533,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors and hedge funds also recently made changes to their positions in the company. Royal Bank of Canada lifted its stake in shares of Avantis International Equity ETF by 123.9% in the first quarter. Royal Bank of Canada now owns 80,754 shares of the company’s stock valued at $5,352,000 after buying an additional 44,683 shares during the period. Integrated Wealth Concepts LLC lifted its position in shares of Avantis International Equity ETF by 49.2% in the 1st quarter. Integrated Wealth Concepts LLC now owns 6,692 shares of the company’s stock worth $443,000 after acquiring an additional 2,206 shares during the period. Cetera Investment Advisers grew its holdings in shares of Avantis International Equity ETF by 22.3% during the 2nd quarter. Cetera Investment Advisers now owns 4,756 shares of the company’s stock worth $352,000 after purchasing an additional 868 shares in the last quarter. Baird Financial Group Inc. increased its position in shares of Avantis International Equity ETF by 2.4% during the second quarter. Baird Financial Group Inc. now owns 7,011 shares of the company’s stock valued at $519,000 after purchasing an additional 166 shares during the period. Finally, Quantinno Capital Management LP increased its position in shares of Avantis International Equity ETF by 48.1% during the second quarter. Quantinno Capital Management LP now owns 6,013 shares of the company’s stock valued at $445,000 after purchasing an additional 1,954 shares during the period.

Avantis International Equity ETF Trading Down 0.2%

Shares of NYSEARCA AVDE opened at $89.89 on Wednesday. The business has a fifty day simple moving average of $89.98 and a 200 day simple moving average of $88.63. The firm has a market capitalization of $17.76 billion, a price-to-earnings ratio of 14.71 and a beta of 0.78. Avantis International Equity ETF has a one year low of $72.79 and a one year 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.