Prevail Innovative Wealth Advisors LLC Invests $4.93 Million in Avantis International Equity ETF $AVDE

Prevail Innovative Wealth Advisors LLC bought a new position in shares of Avantis International Equity ETF (NYSEARCA:AVDE) in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund bought 59,829 shares of the company’s stock, valued at approximately $4,925,000.

Other institutional investors and hedge funds have also modified their holdings of the company. Investment Research & Advisory Group Inc. purchased a new stake in shares of Avantis International Equity ETF during the fourth quarter worth about $48,000. US Bancorp DE purchased a new stake in shares of Avantis International Equity ETF during the third quarter worth about $47,000. Dunhill Financial LLC purchased a new stake in Avantis International Equity ETF during the 4th quarter valued at about $59,000. Cullen Frost Bankers Inc. purchased a new stake in Avantis International Equity ETF during the 3rd quarter valued at about $64,000. Finally, Dogwood Wealth Management LLC grew its stake in Avantis International Equity ETF by 746.4% during the 3rd quarter. Dogwood Wealth Management LLC now owns 1,549 shares of the company’s stock valued at $122,000 after acquiring an additional 1,366 shares in the last quarter.

Avantis International Equity ETF Trading Up 1.5%

Shares of NYSEARCA AVDE opened at $90.53 on Thursday. Avantis International Equity ETF has a 12-month low of $71.38 and a 12-month high of $92.60. The stock has a market cap of $15.90 billion, a PE ratio of 14.71 and a beta of 0.78. The company has a 50-day moving average of $87.64 and a 200 day moving average of $85.53.

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.