ORBA Wealth Advisors L.L.C. Sells 21,287 Shares of Avantis International Equity ETF $AVDE

ORBA Wealth Advisors L.L.C. trimmed its stake in Avantis International Equity ETF (NYSEARCA:AVDE) by 45.5% during the first quarter, HoldingsChannel.com reports. The fund owned 25,462 shares of the company’s stock after selling 21,287 shares during the quarter. Avantis International Equity ETF accounts for about 2.6% of ORBA Wealth Advisors L.L.C.’s holdings, making the stock its 10th largest position. ORBA Wealth Advisors L.L.C.’s holdings in Avantis International Equity ETF were worth $2,160,000 at the end of the most recent quarter.

Several other hedge funds have also recently bought and sold shares of the stock. Hantz Financial Services Inc. bought a new position in shares of Avantis International Equity ETF during the fourth quarter valued at $29,000. RHL Group LLC bought a new stake in shares of Avantis International Equity ETF in the 4th quarter worth about $38,000. Investment Research & Advisory Group Inc. bought a new stake in shares of Avantis International Equity ETF in the 4th quarter worth about $48,000. US Bancorp DE bought a new stake in shares of Avantis International Equity ETF in the 3rd quarter worth about $47,000. Finally, Annis Gardner Whiting Capital Advisors LLC acquired a new stake in shares of Avantis International Equity ETF during the 4th quarter worth about $56,000.

Avantis International Equity ETF Trading Down 1.1%

AVDE stock traded down $1.01 during trading on Tuesday, hitting $89.86. 258,499 shares of the stock traded hands, compared to its average volume of 1,185,446. Avantis International Equity ETF has a one year low of $72.79 and a one year high of $92.60. The stock has a market cap of $17.28 billion, a price-to-earnings ratio of 14.71 and a beta of 0.78. The company has a 50 day simple moving average of $89.99 and a 200 day simple moving average of $87.76.

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.