Avantis International Equity ETF $AVDE Shares Acquired by Waverly Advisors LLC

Waverly Advisors LLC boosted its position in shares of Avantis International Equity ETF (NYSEARCA:AVDE) by 41.4% in the 2nd quarter, HoldingsChannel reports. The institutional investor owned 1,222,477 shares of the company’s stock after buying an additional 357,998 shares during the period. Waverly Advisors LLC’s holdings in Avantis International Equity ETF were worth $109,045,000 at the end of the most recent reporting period.

A number of other hedge funds have also recently bought and sold shares of the company. EverSource Wealth Advisors LLC raised its holdings in shares of 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 bought a new stake in Avantis International Equity ETF during the fourth quarter worth approximately $7,587,000. Greenwich Wealth Management LLC grew its position in Avantis International Equity ETF by 25.9% in the fourth quarter. Greenwich Wealth Management LLC now owns 59,999 shares of the company’s stock worth $4,939,000 after buying an additional 12,333 shares during the last quarter. Clarion Wealth Managment Partners LLC grew its position in Avantis International Equity ETF by 89.4% in the fourth quarter. Clarion Wealth Managment Partners LLC now owns 84,220 shares of the company’s stock worth $6,933,000 after buying an additional 39,760 shares during the last quarter. Finally, Cauble & Harre Wealth Management Inc. bought a new position in shares of Avantis International Equity ETF in the fourth quarter valued at $2,277,000.

Avantis International Equity ETF Price Performance

Shares of NYSEARCA:AVDE traded down $0.82 on Tuesday, reaching $93.69. 823,757 shares of the company traded hands, compared to its average volume of 1,128,708. The stock has a market capitalization of $18.66 billion, a PE ratio of 14.71 and a beta of 0.78. The company’s 50 day moving average is $91.96 and its 200-day moving average is $89.87. Avantis International Equity ETF has a fifty-two week low of $77.20 and a fifty-two week high of $94.82.

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.