A4 Wealth Advisors LLC Acquires Shares of 21,092 Avantis International Equity ETF $AVDE

A4 Wealth Advisors LLC purchased a new stake in Avantis International Equity ETF (NYSEARCA:AVDE) in the third quarter, HoldingsChannel reports. The firm purchased 21,092 shares of the company’s stock, valued at approximately $1,664,000. Avantis International Equity ETF makes up approximately 1.4% of A4 Wealth Advisors LLC’s holdings, making the stock its 17th largest position.

Other institutional investors have also made changes to their positions in the company. Glassman Wealth Services bought a new position in Avantis International Equity ETF during the 2nd quarter worth $25,000. Evolution Wealth Management Inc. acquired a new stake in shares of Avantis International Equity ETF during the 2nd quarter worth $32,000. Bessemer Group Inc. acquired a new stake in shares of Avantis International Equity ETF during the 2nd quarter worth $57,000. Crewe Advisors LLC acquired a new stake in Avantis International Equity ETF during the second quarter worth about $58,000. Finally, Cullen Frost Bankers Inc. bought a new position in Avantis International Equity ETF in the 3rd quarter valued at about $64,000.

Avantis International Equity ETF Trading Down 1.6%

NYSEARCA AVDE opened at $86.89 on Monday. Avantis International Equity ETF has a 1 year low of $58.56 and a 1 year high of $88.86. The firm has a market capitalization of $12.93 billion, a price-to-earnings ratio of 14.71 and a beta of 0.84. The firm’s 50 day simple moving average is $83.23 and its 200 day simple moving average is $79.67.

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.