EverSource Wealth Advisors LLC Has $23.53 Million Stake in Avantis International Equity ETF $AVDE

EverSource Wealth Advisors LLC lifted its stake in Avantis International Equity ETF (NYSEARCA:AVDE) by 49.0% during the first quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 277,376 shares of the company’s stock after acquiring an additional 91,250 shares during the period. Avantis International Equity ETF accounts for about 0.7% of EverSource Wealth Advisors LLC’s investment portfolio, making the stock its 26th largest position. EverSource Wealth Advisors LLC owned approximately 0.16% of Avantis International Equity ETF worth $23,533,000 as of its most recent filing with the SEC.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Empire Financial Management Company LLC raised its position in shares of Avantis International Equity ETF by 4.9% in the first quarter. Empire Financial Management Company LLC now owns 7,951 shares of the company’s stock valued at $675,000 after purchasing an additional 372 shares during the period. Core Wealth Advisors Inc. acquired a new position in Avantis International Equity ETF in the 1st quarter valued at $10,075,000. Royal Bank of Canada raised its holdings in Avantis International Equity ETF by 77.5% in the 1st quarter. Royal Bank of Canada now owns 344,035 shares of the company’s stock worth $29,188,000 after acquiring an additional 150,251 shares during the period. Quantinno Capital Management LP raised its holdings in Avantis International Equity ETF by 3.3% in the 1st quarter. Quantinno Capital Management LP now owns 110,901 shares of the company’s stock worth $9,409,000 after acquiring an additional 3,520 shares during the period. Finally, Gateway Wealth Partners LLC lifted its position in Avantis International Equity ETF by 118.2% during the 1st quarter. Gateway Wealth Partners LLC now owns 210,314 shares of the company’s stock worth $17,843,000 after acquiring an additional 113,923 shares during the last quarter.

Avantis International Equity ETF Stock Performance

Shares of NYSEARCA:AVDE opened at $89.89 on Wednesday. The stock’s 50-day moving average is $89.98 and its 200-day moving average is $88.63. The company has a market cap of $17.76 billion, a P/E ratio of 14.71 and a beta of 0.78. Avantis International Equity ETF has a 52-week low of $72.79 and a 52-week high of $92.60.

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.