Avantis International Equity ETF $AVDE Shares Newly Purchased by Financial Enhancement Group LLC

Financial Enhancement Group LLC bought a new position in Avantis International Equity ETF (NYSEARCA:AVDE) in the 3rd quarter, according to the company in its most recent 13F filing with the SEC. The firm bought 370,785 shares of the company’s stock, valued at approximately $33,178,000. Avantis International Equity ETF accounts for approximately 3.9% of Financial Enhancement Group LLC’s investment portfolio, making the stock its 3rd biggest holding. Financial Enhancement Group LLC owned approximately 0.17% of Avantis International Equity ETF as of its most recent filing with the SEC.

A number of other hedge funds have also added to or reduced their stakes in AVDE. Team Financial Group LLC lifted its holdings in shares of Avantis International Equity ETF by 184.5% in the first quarter. Team Financial Group LLC now owns 293 shares of the company’s stock worth $25,000 after buying an additional 190 shares in the last quarter. Angeles Wealth Management LLC grew its stake in Avantis International Equity ETF by 470.6% during the second quarter. Angeles Wealth Management LLC now owns 485 shares of the company’s stock valued at $43,000 after acquiring an additional 400 shares in the last quarter. Abound Wealth Management bought a new stake in Avantis International Equity ETF during the 2nd quarter worth approximately $44,000. Western Wealth Management LLC bought a new stake in Avantis International Equity ETF during the 1st quarter worth approximately $42,000. Finally, Eastern Bank purchased a new stake in Avantis International Equity ETF in the 3rd quarter worth approximately $61,000.

Avantis International Equity ETF Price Performance

NYSEARCA:AVDE traded down $0.20 during trading hours on Thursday, hitting $89.28. The stock had a trading volume of 1,398,511 shares, compared to its average volume of 1,158,093. The company has a 50 day simple moving average of $92.61 and a two-hundred day simple moving average of $90.41. The firm has a market capitalization of $19.00 billion, a price-to-earnings ratio of 14.71 and a beta of 0.79. Avantis International Equity ETF has a one year low of $77.20 and a one year high of $94.82.

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.