Financial Enhancement Group LLC Acquires 30,131 Shares of Avantis International Equity ETF $AVDE

Financial Enhancement Group LLC raised its holdings in Avantis International Equity ETF (NYSEARCA:AVDE) by 9.2% during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 356,732 shares of the company’s stock after buying an additional 30,131 shares during the period. Avantis International Equity ETF comprises about 3.8% of Financial Enhancement Group LLC’s holdings, making the stock its 3rd largest position. Financial Enhancement Group LLC’s holdings in Avantis International Equity ETF were worth $31,821,000 at the end of the most recent quarter.

A number of other hedge funds have also recently made changes to their positions in the business. Team Financial Group LLC increased its position in shares of Avantis International Equity ETF by 184.5% during the first quarter. Team Financial Group LLC now owns 293 shares of the company’s stock worth $25,000 after acquiring an additional 190 shares in the last quarter. Hantz Financial Services Inc. bought a new position in Avantis International Equity ETF in the 4th quarter valued at about $29,000. RHL Group LLC bought a new position in Avantis International Equity ETF in the 4th quarter valued at about $38,000. Western Wealth Management LLC acquired a new position in Avantis International Equity ETF during the 1st quarter valued at about $42,000. Finally, US Bancorp DE acquired a new position in Avantis International Equity ETF during the 3rd quarter valued at about $47,000.

Avantis International Equity ETF Stock Performance

Shares of AVDE opened at $92.60 on Wednesday. The stock has a 50 day moving average price of $90.00 and a two-hundred day moving average price of $88.86. The firm has a market capitalization of $18.45 billion, a P/E ratio of 14.71 and a beta of 0.78. Avantis International Equity ETF has a 52 week low of $74.07 and a 52 week high of $92.73.

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.