Aire Advisors LLC Increases Stock Position in Avantis International Equity ETF (NYSEARCA:AVDE)

Aire Advisors LLC boosted its position in shares of Avantis International Equity ETF (NYSEARCA:AVDE) by 60.2% in the fourth quarter, Holdings Channel.com reports. The firm owned 37,234 shares of the company’s stock after acquiring an additional 13,989 shares during the period. Aire Advisors LLC’s holdings in Avantis International Equity ETF were worth $2,285,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Blue Trust Inc. grew its stake in shares of Avantis International Equity ETF by 3.3% during the fourth quarter. Blue Trust Inc. now owns 4,930 shares of the company’s stock valued at $303,000 after acquiring an additional 156 shares in the last quarter. Visionary Horizons LLC boosted its holdings in Avantis International Equity ETF by 2.1% in the fourth quarter. Visionary Horizons LLC now owns 9,165 shares of the company’s stock valued at $562,000 after purchasing an additional 191 shares during the last quarter. Ifrah Financial Services Inc. grew its stake in Avantis International Equity ETF by 2.6% during the 4th quarter. Ifrah Financial Services Inc. now owns 8,094 shares of the company’s stock valued at $497,000 after purchasing an additional 205 shares in the last quarter. MN Wealth Advisors LLC increased its holdings in Avantis International Equity ETF by 2.8% during the 4th quarter. MN Wealth Advisors LLC now owns 8,429 shares of the company’s stock worth $517,000 after purchasing an additional 230 shares during the last quarter. Finally, Nova R Wealth Inc. raised its position in shares of Avantis International Equity ETF by 1.3% in the 4th quarter. Nova R Wealth Inc. now owns 24,124 shares of the company’s stock valued at $1,480,000 after purchasing an additional 318 shares in the last quarter.

Avantis International Equity ETF Trading Up 0.2 %

AVDE stock opened at $67.74 on Tuesday. The firm has a 50 day simple moving average of $65.29 and a 200-day simple moving average of $64.47. The company has a market capitalization of $6.09 billion, a P/E ratio of 14.81 and a beta of 0.91. Avantis International Equity ETF has a twelve month low of $59.02 and a twelve month high of $68.81.

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.