Wealth Enhancement Advisory Services LLC Grows Stock Position in Avantis International Equity ETF $AVDE

Wealth Enhancement Advisory Services LLC increased its stake in Avantis International Equity ETF (NYSEARCA:AVDE) by 4.2% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 5,102,049 shares of the company’s stock after acquiring an additional 206,717 shares during the period. Avantis International Equity ETF comprises about 0.6% of Wealth Enhancement Advisory Services LLC’s holdings, making the stock its 28th largest holding. Wealth Enhancement Advisory Services LLC’s holdings in Avantis International Equity ETF were worth $429,545,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors also recently bought and sold shares of the stock. Evolution Wealth Management Inc. purchased a new position in Avantis International Equity ETF in the 2nd quarter worth approximately $32,000. US Bancorp DE bought a new stake in Avantis International Equity ETF in the third quarter valued at approximately $47,000. Nemes Rush Group LLC boosted its stake in shares of Avantis International Equity ETF by 30.4% during the second quarter. Nemes Rush Group LLC now owns 815 shares of the company’s stock valued at $60,000 after purchasing an additional 190 shares during the period. Cullen Frost Bankers Inc. bought a new position in shares of Avantis International Equity ETF in the third quarter worth approximately $64,000. Finally, Bank of Montreal Can grew its holdings in shares of Avantis International Equity ETF by 6,048.0% in the second quarter. Bank of Montreal Can now owns 1,537 shares of the company’s stock worth $114,000 after purchasing an additional 1,512 shares during the last quarter.

Avantis International Equity ETF Stock Down 2.9%

Shares of NYSEARCA AVDE opened at $81.59 on Friday. The firm’s fifty day moving average is $87.79 and its 200 day moving average is $82.77. Avantis International Equity ETF has a 52 week low of $58.56 and a 52 week high of $92.60. The company has a market cap of $12.30 billion, a price-to-earnings ratio of 14.71 and a beta of 0.84.

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.