Modern Wealth Management LLC Acquires Shares of 5,797 Avantis International Equity ETF (NYSEARCA:AVDE)

Modern Wealth Management LLC bought a new position in shares of Avantis International Equity ETF (NYSEARCA:AVDE) during the 4th quarter, according to its most recent Form 13F filing with the SEC. The institutional investor bought 5,797 shares of the company’s stock, valued at approximately $375,000.

Other hedge funds also recently modified their holdings of the company. Clune & Associates LTD. bought a new position in Avantis International Equity ETF in the fourth quarter valued at approximately $1,683,000. LPL Financial LLC boosted its holdings in shares of Avantis International Equity ETF by 13.1% in the 4th quarter. LPL Financial LLC now owns 1,535,215 shares of the company’s stock valued at $94,216,000 after purchasing an additional 178,224 shares in the last quarter. American Century Companies Inc. increased its stake in shares of Avantis International Equity ETF by 30.4% in the 4th quarter. American Century Companies Inc. now owns 2,219,381 shares of the company’s stock valued at $136,203,000 after purchasing an additional 517,942 shares during the last quarter. Plancorp LLC raised its holdings in shares of Avantis International Equity ETF by 0.3% during the 4th quarter. Plancorp LLC now owns 904,834 shares of the company’s stock worth $55,530,000 after buying an additional 3,029 shares in the last quarter. Finally, 1620 Investment Advisors Inc. bought a new stake in shares of Avantis International Equity ETF during the 4th quarter worth $119,000.

Avantis International Equity ETF Stock Up 0.2 %

NYSEARCA:AVDE opened at $67.43 on Friday. The firm has a market capitalization of $6.06 billion, a PE 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. The stock’s 50-day simple moving average is $65.66 and its 200 day simple moving average is $64.55.

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.