Elevation Wealth Partners LLC Has $16.11 Million Position in Avantis International Equity ETF $AVDE

Elevation Wealth Partners LLC lifted its holdings in Avantis International Equity ETF (NYSEARCA:AVDE) by 4.9% during the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 180,570 shares of the company’s stock after purchasing an additional 8,498 shares during the period. Avantis International Equity ETF comprises 4.8% of Elevation Wealth Partners LLC’s holdings, making the stock its 4th biggest holding. Elevation Wealth Partners LLC owned about 0.09% of Avantis International Equity ETF worth $16,107,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also made changes to their positions in the business. Royal Bank of Canada lifted its position in shares of Avantis International Equity ETF by 123.9% during the 1st quarter. Royal Bank of Canada now owns 80,754 shares of the company’s stock valued at $5,352,000 after acquiring an additional 44,683 shares during the last quarter. Integrated Wealth Concepts LLC raised its position in shares of Avantis International Equity ETF by 49.2% during the first quarter. Integrated Wealth Concepts LLC now owns 6,692 shares of the company’s stock worth $443,000 after purchasing an additional 2,206 shares during the period. Cetera Investment Advisers raised its position in shares of Avantis International Equity ETF by 22.3% during the second quarter. Cetera Investment Advisers now owns 4,756 shares of the company’s stock worth $352,000 after purchasing an additional 868 shares during the period. Baird Financial Group Inc. lifted its holdings in shares of Avantis International Equity ETF by 2.4% during the second quarter. Baird Financial Group Inc. now owns 7,011 shares of the company’s stock valued at $519,000 after purchasing an additional 166 shares during the last quarter. Finally, Quantinno Capital Management LP lifted its holdings in shares of Avantis International Equity ETF by 48.1% during the second quarter. Quantinno Capital Management LP now owns 6,013 shares of the company’s stock valued at $445,000 after purchasing an additional 1,954 shares during the last quarter.

Avantis International Equity ETF Trading Down 0.1%

Shares of AVDE opened at $92.92 on Friday. The business’s 50-day moving average price is $90.06 and its 200 day moving average price is $88.96. The stock has a market capitalization of $18.51 billion, a P/E ratio of 14.71 and a beta of 0.78. Avantis International Equity ETF has a 1-year low of $75.16 and a 1-year high of $93.45.

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.