LPL Financial LLC Has $94.22 Million Position in Avantis International Equity ETF (NYSEARCA:AVDE)

LPL Financial LLC boosted its holdings in shares of Avantis International Equity ETF (NYSEARCA:AVDE) by 13.1% in the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 1,535,215 shares of the company’s stock after purchasing an additional 178,224 shares during the quarter. LPL Financial LLC owned about 2.22% of Avantis International Equity ETF worth $94,216,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in AVDE. Global Wealth Strategies & Associates acquired a new stake in shares of Avantis International Equity ETF in the fourth quarter worth $32,000. Your Advocates Ltd. LLP bought a new position in shares of Avantis International Equity ETF during the 4th quarter worth about $63,000. Comprehensive Financial Planning Inc. PA acquired a new position in shares of Avantis International Equity ETF during the fourth quarter valued at about $71,000. Wilmington Savings Fund Society FSB bought a new stake in shares of Avantis International Equity ETF in the third quarter valued at about $106,000. Finally, MeadowBrook Investment Advisors LLC acquired a new stake in Avantis International Equity ETF during the fourth quarter worth about $104,000.

Avantis International Equity ETF Stock Up 0.6 %

Avantis International Equity ETF stock opened at $68.16 on Wednesday. The business has a 50 day moving average price of $65.44 and a two-hundred day moving average price of $64.51. Avantis International Equity ETF has a 12 month low of $59.02 and a 12 month high of $68.81. The stock has a market cap of $6.13 billion, a price-to-earnings ratio of 14.81 and a beta of 0.91.

Avantis International Equity ETF Company 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.