Capstone Wealth Management Inc. Acquires New Position in Avantis International Equity ETF $AVDE

Capstone Wealth Management Inc. acquired a new stake in shares of Avantis International Equity ETF (NYSEARCA:AVDE) during the fourth quarter, HoldingsChannel reports. The fund acquired 45,211 shares of the company’s stock, valued at approximately $3,755,000. Avantis International Equity ETF makes up approximately 3.3% of Capstone Wealth Management Inc.’s investment portfolio, making the stock its 8th biggest holding.

Other hedge funds also recently bought and sold shares of the company. Align Financial LLC bought a new position in Avantis International Equity ETF during the fourth quarter valued at approximately $1,117,525,000. Ameriprise Financial Inc. raised its stake in shares of Avantis International Equity ETF by 357.3% during the third quarter. Ameriprise Financial Inc. now owns 4,932,115 shares of the company’s stock worth $388,855,000 after acquiring an additional 3,853,677 shares in the last quarter. Corient Private Wealth LLC lifted its holdings in shares of Avantis International Equity ETF by 61.5% in the 4th quarter. Corient Private Wealth LLC now owns 5,824,926 shares of the company’s stock worth $479,508,000 after acquiring an additional 2,219,229 shares during the last quarter. Northwestern Mutual Wealth Management Co. lifted its holdings in shares of Avantis International Equity ETF by 134.8% in the 3rd quarter. Northwestern Mutual Wealth Management Co. now owns 2,703,438 shares of the company’s stock worth $213,301,000 after acquiring an additional 1,552,177 shares during the last quarter. Finally, Jane Street Group LLC boosted its stake in shares of Avantis International Equity ETF by 952.3% in the 4th quarter. Jane Street Group LLC now owns 1,700,000 shares of the company’s stock valued at $139,944,000 after purchasing an additional 1,538,445 shares in the last quarter.

Avantis International Equity ETF Stock Performance

Shares of Avantis International Equity ETF stock opened at $90.25 on Friday. Avantis International Equity ETF has a 52-week low of $72.08 and a 52-week high of $92.60. The company has a fifty day moving average of $90.10 and a 200-day moving average of $87.15. The stock has a market capitalization of $15.85 billion, a price-to-earnings ratio of 14.71 and a beta of 0.77.

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.