Lifestyle Asset Management Inc. Sells 8,035 Shares of Avantis International Equity ETF $AVDE

Lifestyle Asset Management Inc. trimmed its holdings in Avantis International Equity ETF (NYSEARCA:AVDE) by 9.2% during the 3rd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 78,997 shares of the company’s stock after selling 8,035 shares during the period. Avantis International Equity ETF comprises about 2.1% of Lifestyle Asset Management Inc.’s investment portfolio, making the stock its 11th biggest position. Lifestyle Asset Management Inc. owned about 0.06% of Avantis International Equity ETF worth $6,233,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in the business. Corient Private Wealth LLC boosted its stake in Avantis International Equity ETF by 4.1% in the 2nd quarter. Corient Private Wealth LLC now owns 4,047,221 shares of the company’s stock worth $299,535,000 after purchasing an additional 160,658 shares during the period. American Century Companies Inc. lifted its holdings in shares of Avantis International Equity ETF by 67.2% in the second quarter. American Century Companies Inc. now owns 3,376,257 shares of the company’s stock worth $249,877,000 after buying an additional 1,357,155 shares in the last quarter. Bank of America Corp DE boosted its position in shares of Avantis International Equity ETF by 18.8% during the second quarter. Bank of America Corp DE now owns 2,255,718 shares of the company’s stock worth $166,946,000 after acquiring an additional 356,773 shares during the last quarter. Maseco LLP purchased a new position in Avantis International Equity ETF during the second quarter valued at $129,140,000. Finally, Envestnet Asset Management Inc. grew its stake in 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 acquiring an additional 313,133 shares in the last quarter.

Avantis International Equity ETF Stock Up 0.7%

Shares of AVDE stock opened at $81.69 on Friday. The company’s fifty day simple moving average is $80.02 and its two-hundred day simple moving average is $77.28. Avantis International Equity ETF has a 52 week low of $58.56 and a 52 week high of $82.78. The stock has a market cap of $10.67 billion, a P/E ratio of 14.71 and a beta of 0.84.

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.