Foundations Investment Advisors LLC Acquires 20,205 Shares of Avantis International Equity ETF $AVDE

Foundations Investment Advisors LLC grew its holdings in shares of Avantis International Equity ETF (NYSEARCA:AVDE) by 4.7% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 453,020 shares of the company’s stock after buying an additional 20,205 shares during the quarter. Foundations Investment Advisors LLC owned 0.35% of Avantis International Equity ETF worth $35,743,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in the stock. Glassman Wealth Services bought a new stake in shares of Avantis International Equity ETF in the 2nd quarter valued at approximately $25,000. Evolution Wealth Management Inc. purchased a new stake in Avantis International Equity ETF during the 2nd quarter valued at $32,000. Bessemer Group Inc. bought a new stake in Avantis International Equity ETF in the second quarter worth $57,000. Crewe Advisors LLC purchased a new position in Avantis International Equity ETF during the second quarter worth $58,000. Finally, Cullen Frost Bankers Inc. purchased a new position in Avantis International Equity ETF during the third quarter worth $64,000.

Avantis International Equity ETF Stock Down 0.8%

AVDE stock opened at $87.84 on Thursday. Avantis International Equity ETF has a twelve month low of $58.56 and a twelve month high of $88.67. The stock has a market capitalization of $12.86 billion, a price-to-earnings ratio of 14.71 and a beta of 0.84. The firm’s fifty day simple moving average is $82.84 and its two-hundred day simple moving average is $79.43.

Avantis International Equity ETF Company 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.