Avantis International Equity ETF (NYSEARCA:AVDE) Shares Bought by Red Lighthouse Investment Management LLC

Red Lighthouse Investment Management LLC grew its position in Avantis International Equity ETF (NYSEARCA:AVDE) by 2.4% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 318,086 shares of the company’s stock after buying an additional 7,457 shares during the quarter. Avantis International Equity ETF makes up approximately 8.1% of Red Lighthouse Investment Management LLC’s portfolio, making the stock its 4th largest position. Red Lighthouse Investment Management LLC owned approximately 0.59% of Avantis International Equity ETF worth $19,222,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors also recently made changes to their positions in the company. HighTower Advisors LLC boosted its holdings in shares of Avantis International Equity ETF by 5.4% in the third quarter. HighTower Advisors LLC now owns 2,309,370 shares of the company’s stock worth $128,509,000 after buying an additional 118,040 shares during the period. Rockwood Wealth Management LLC boosted its holdings in shares of Avantis International Equity ETF by 1.1% during the fourth quarter. Rockwood Wealth Management LLC now owns 1,864,196 shares of the company’s stock worth $112,653,000 after purchasing an additional 21,156 shares during the period. American Century Companies Inc. boosted its holdings in shares of Avantis International Equity ETF by 2.6% during the third quarter. American Century Companies Inc. now owns 1,617,369 shares of the company’s stock worth $90,007,000 after purchasing an additional 41,517 shares during the period. Waypoint Wealth Partners Inc. boosted its holdings in shares of Avantis International Equity ETF by 2.9% during the third quarter. Waypoint Wealth Partners Inc. now owns 925,590 shares of the company’s stock worth $51,509,000 after purchasing an additional 25,954 shares during the period. Finally, LPL Financial LLC boosted its holdings in shares of Avantis International Equity ETF by 26.2% during the third quarter. LPL Financial LLC now owns 925,116 shares of the company’s stock worth $51,483,000 after purchasing an additional 192,341 shares during the period.

Avantis International Equity ETF Stock Performance

Shares of AVDE stock traded up $0.37 during trading on Friday, hitting $62.48. 182,452 shares of the company were exchanged, compared to its average volume of 241,346. The firm has a market capitalization of $4.27 billion, a price-to-earnings ratio of 11.62 and a beta of 0.94. The business’s 50-day simple moving average is $62.39 and its 200 day simple moving average is $59.50. Avantis International Equity ETF has a twelve month low of $52.86 and a twelve month high of $64.17.

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.