Nicholson Meyer Capital Management Inc. Takes $6.78 Million Position in Avantis International Equity ETF $AVDE

Nicholson Meyer Capital Management Inc. acquired a new stake in shares of Avantis International Equity ETF (NYSEARCA:AVDE) during the first quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm acquired 79,944 shares of the company’s stock, valued at approximately $6,782,000. Avantis International Equity ETF accounts for 5.2% of Nicholson Meyer Capital Management Inc.’s portfolio, making the stock its 10th biggest position.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Align Financial LLC acquired a new stake in Avantis International Equity ETF in the fourth quarter worth approximately $1,117,525,000. Ameriprise Financial Inc. increased its position in shares of Avantis International Equity ETF by 357.3% during the 3rd quarter. Ameriprise Financial Inc. now owns 4,932,115 shares of the company’s stock valued at $388,855,000 after purchasing an additional 3,853,677 shares during the period. Corient Private Wealth LLC raised its stake in shares of Avantis International Equity ETF by 61.5% in the 4th quarter. Corient Private Wealth LLC now owns 5,824,926 shares of the company’s stock worth $479,508,000 after buying an additional 2,219,229 shares in the last quarter. Maseco LLP bought a new stake in shares of Avantis International Equity ETF in the 1st quarter worth $166,156,000. Finally, Northwestern Mutual Wealth Management Co. raised its stake in shares of Avantis International Equity ETF by 134.8% in the 3rd quarter. Northwestern Mutual Wealth Management Co. now owns 2,703,438 shares of the company’s stock worth $213,301,000 after buying an additional 1,552,177 shares in the last quarter.

Avantis International Equity ETF Stock Down 0.6%

Shares of Avantis International Equity ETF stock opened at $88.61 on Friday. The business has a fifty day simple moving average of $90.04 and a 200-day simple moving average of $87.46. Avantis International Equity ETF has a fifty-two week low of $72.79 and a fifty-two week high of $92.60. The firm has a market cap of $15.56 billion, a price-to-earnings ratio of 14.71 and a beta of 0.77.

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.