370,785 Shares in Avantis International Equity ETF $AVDE Bought by Financial Enhancement Group LLC

Financial Enhancement Group LLC bought a new stake in shares of Avantis International Equity ETF (NYSEARCA:AVDE) in the 3rd quarter, HoldingsChannel reports. The firm bought 370,785 shares of the company’s stock, valued at approximately $33,178,000. Avantis International Equity ETF accounts for about 3.9% of Financial Enhancement Group LLC’s investment portfolio, making the stock its 3rd largest position.

A number of other hedge funds and other institutional investors have also bought and sold shares of the stock. HB Wealth Management LLC raised its position in shares of Avantis International Equity ETF by 1.7% during the 2nd quarter. HB Wealth Management LLC now owns 1,693,261 shares of the company’s stock valued at $151,039,000 after buying an additional 28,334 shares in the last quarter. Waverly Advisors LLC grew its position in Avantis International Equity ETF by 41.4% in the second quarter. Waverly Advisors LLC now owns 1,222,477 shares of the company’s stock worth $109,045,000 after acquiring an additional 357,998 shares in the last quarter. World Investment Advisors grew its position in Avantis International Equity ETF by 6.3% in the first quarter. World Investment Advisors now owns 208,978 shares of the company’s stock worth $17,730,000 after acquiring an additional 12,369 shares in the last quarter. Focus Partners Wealth increased its stake in Avantis International Equity ETF by 1.8% in the fourth quarter. Focus Partners Wealth now owns 1,383,904 shares of the company’s stock valued at $113,923,000 after acquiring an additional 24,867 shares during the last quarter. Finally, Mason & Associates Inc increased its stake in Avantis International Equity ETF by 3.2% in the first quarter. Mason & Associates Inc now owns 271,188 shares of the company’s stock valued at $22,300,000 after acquiring an additional 8,473 shares during the last quarter.

Avantis International Equity ETF Price Performance

NYSEARCA AVDE traded down $0.20 during trading hours on Thursday, reaching $89.28. 1,398,511 shares of the stock traded hands, compared to its average volume of 1,158,093. The stock has a 50 day simple moving average of $92.61 and a two-hundred day simple moving average of $90.41. Avantis International Equity ETF has a 1 year low of $77.20 and a 1 year high of $94.82. The company has a market cap of $19.00 billion, a price-to-earnings ratio of 14.71 and a beta of 0.79.

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.