Avantis International Equity ETF $AVDE Shares Bought by Foundations Investment Advisors LLC

Foundations Investment Advisors LLC lifted its holdings in shares of Avantis International Equity ETF (NYSEARCA:AVDE) by 4.3% in the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 432,815 shares of the company’s stock after buying an additional 17,768 shares during the period. Foundations Investment Advisors LLC owned approximately 0.40% of Avantis International Equity ETF worth $32,033,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also added to or reduced their stakes in the company. HighTower Advisors LLC raised its stake in Avantis International Equity ETF by 3.4% during the 1st quarter. HighTower Advisors LLC now owns 2,529,397 shares of the company’s stock valued at $167,623,000 after acquiring an additional 83,889 shares in the last quarter. HB Wealth Management LLC grew its stake in shares of Avantis International Equity ETF by 27,747.4% in the first quarter. HB Wealth Management LLC now owns 2,007,800 shares of the company’s stock worth $133,057,000 after purchasing an additional 2,000,590 shares in the last quarter. Maseco LLP acquired a new position in shares of Avantis International Equity ETF during the second quarter valued at $129,140,000. Envestnet Asset Management Inc. raised its stake in shares of Avantis International Equity ETF by 22.7% during the second quarter. Envestnet Asset Management Inc. now owns 1,690,757 shares of the company’s stock valued at $125,133,000 after purchasing an additional 313,133 shares in the last quarter. Finally, LPL Financial LLC raised its stake in shares of Avantis International Equity ETF by 9.4% during the first quarter. LPL Financial LLC now owns 1,679,578 shares of the company’s stock valued at $111,306,000 after purchasing an additional 144,363 shares in the last quarter.

Avantis International Equity ETF Stock Down 0.1%

AVDE stock opened at $80.25 on Friday. The company has a 50-day simple moving average of $79.12 and a 200 day simple moving average of $75.64. The company has a market capitalization of $10.48 billion, a P/E ratio of 14.71 and a beta of 0.84. Avantis International Equity ETF has a fifty-two week low of $58.56 and a fifty-two week high of $81.28.

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.