Modera Wealth Management LLC Sells 8,345 Shares of Avantis International Equity ETF $AVDE

Modera Wealth Management LLC reduced its holdings in shares of Avantis International Equity ETF (NYSEARCA:AVDE) by 2.2% during the 1st quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 377,620 shares of the company’s stock after selling 8,345 shares during the period. Modera Wealth Management LLC owned about 0.22% of Avantis International Equity ETF worth $32,037,000 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. Royal Bank of Canada boosted its holdings in Avantis International Equity ETF by 123.9% during the first quarter. Royal Bank of Canada now owns 80,754 shares of the company’s stock valued at $5,352,000 after purchasing an additional 44,683 shares in the last quarter. Integrated Wealth Concepts LLC raised its holdings in shares of Avantis International Equity ETF by 49.2% in the 1st quarter. Integrated Wealth Concepts LLC now owns 6,692 shares of the company’s stock worth $443,000 after buying an additional 2,206 shares in the last quarter. Cetera Investment Advisers lifted its position in shares of Avantis International Equity ETF by 22.3% during the 2nd quarter. Cetera Investment Advisers now owns 4,756 shares of the company’s stock worth $352,000 after buying an additional 868 shares during the period. Baird Financial Group Inc. lifted its position in shares of Avantis International Equity ETF by 2.4% during the 2nd quarter. Baird Financial Group Inc. now owns 7,011 shares of the company’s stock worth $519,000 after buying an additional 166 shares during the period. Finally, Quantinno Capital Management LP boosted its stake in Avantis International Equity ETF by 48.1% in the 2nd quarter. Quantinno Capital Management LP now owns 6,013 shares of the company’s stock valued at $445,000 after buying an additional 1,954 shares in the last quarter.

Avantis International Equity ETF Price Performance

Shares of AVDE stock opened at $89.33 on Friday. The stock’s fifty day simple moving average is $90.08 and its 200 day simple moving average is $88.27. Avantis International Equity ETF has a one year low of $72.79 and a one year high of $92.60. The firm has a market cap of $17.52 billion, a price-to-earnings ratio of 14.71 and a beta of 0.78.

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.