Simplicity Wealth LLC Has $54.96 Million Position in Avantis International Equity ETF $AVDE

Simplicity Wealth LLC boosted its stake in Avantis International Equity ETF (NYSEARCA:AVDE) by 5.2% in the first quarter, Holdings Channel reports. The firm owned 647,822 shares of the company’s stock after purchasing an additional 31,737 shares during the quarter. Avantis International Equity ETF accounts for about 3.1% of Simplicity Wealth LLC’s investment portfolio, making the stock its 3rd largest position. Simplicity Wealth LLC’s holdings in Avantis International Equity ETF were worth $54,961,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors and hedge funds also recently made changes to their positions in the company. Independence Bank of Kentucky lifted its stake in Avantis International Equity ETF by 50.7% during the first quarter. Independence Bank of Kentucky now owns 181,691 shares of the company’s stock worth $15,415,000 after purchasing an additional 61,094 shares during the last quarter. Paladin Advisory Group LLC boosted its position in Avantis International Equity ETF by 17.0% in the first quarter. Paladin Advisory Group LLC now owns 2,393 shares of the company’s stock valued at $203,000 after buying an additional 348 shares in the last quarter. Accredited Investors Inc. increased its holdings in shares of Avantis International Equity ETF by 309.4% during the first quarter. Accredited Investors Inc. now owns 16,083 shares of the company’s stock worth $1,364,000 after buying an additional 12,155 shares in the last quarter. Waterfront Wealth Inc. boosted its holdings in shares of Avantis International Equity ETF by 16.2% during the 1st quarter. Waterfront Wealth Inc. now owns 70,636 shares of the company’s stock valued at $5,993,000 after acquiring an additional 9,864 shares in the last quarter. Finally, Mason & Associates Inc grew its holdings in shares of Avantis International Equity ETF by 3.2% during the first quarter. Mason & Associates Inc now owns 271,188 shares of the company’s stock worth $22,300,000 after purchasing an additional 8,473 shares during the last quarter.

Avantis International Equity ETF Price Performance

Shares of Avantis International Equity ETF stock traded up $0.64 during trading on Friday, hitting $90.04. The company’s stock had a trading volume of 1,448,323 shares, compared to its average volume of 1,186,635. The stock has a market cap of $17.33 billion, a price-to-earnings ratio of 14.71 and a beta of 0.78. Avantis International Equity ETF has a 52 week low of $72.79 and a 52 week high of $92.60. The stock has a 50-day moving average price of $90.13 and a two-hundred day moving average price of $88.02.

About Avantis International Equity ETF

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.