Silver Lake Advisory LLC Acquires New Position in Avantis International Equity ETF (NYSEARCA:AVDE)

Silver Lake Advisory LLC purchased a new stake in shares of Avantis International Equity ETF (NYSEARCA:AVDE) during the second quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor purchased 32,262 shares of the company’s stock, valued at approximately $2,009,000.

Other hedge funds and other institutional investors have also made changes to their positions in the company. USAdvisors Wealth Management LLC lifted its holdings in shares of Avantis International Equity ETF by 1.0% during the first quarter. USAdvisors Wealth Management LLC now owns 16,790 shares of the company’s stock worth $1,072,000 after purchasing an additional 168 shares during the period. Private Wealth Management Group LLC raised its holdings in shares of Avantis International Equity ETF by 1.8% during the first quarter. Private Wealth Management Group LLC now owns 9,594 shares of the company’s stock worth $612,000 after purchasing an additional 174 shares during the last quarter. Aprio Wealth Management LLC boosted its holdings in Avantis International Equity ETF by 3.2% in the second quarter. Aprio Wealth Management LLC now owns 6,040 shares of the company’s stock valued at $376,000 after purchasing an additional 190 shares during the last quarter. Transcendent Capital Group LLC raised its stake in shares of Avantis International Equity ETF by 0.5% during the 1st quarter. Transcendent Capital Group LLC now owns 39,393 shares of the company’s stock valued at $2,511,000 after buying an additional 211 shares during the last quarter. Finally, Financial Symmetry Inc lifted its holdings in shares of Avantis International Equity ETF by 0.3% in the 2nd quarter. Financial Symmetry Inc now owns 84,353 shares of the company’s stock valued at $5,252,000 after buying an additional 263 shares during the period.

Avantis International Equity ETF Stock Down 0.6 %

Avantis International Equity ETF stock opened at $67.24 on Friday. Avantis International Equity ETF has a 52 week low of $52.86 and a 52 week high of $67.83. The firm has a market cap of $4.65 billion, a price-to-earnings ratio of 11.74 and a beta of 0.82. The business’s 50-day moving average price is $64.38 and its 200 day moving average price is $63.81.

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.