Avantis International Equity ETF $AVDE Shares Sold by Pacific Life Fund Advisors LLC

Pacific Life Fund Advisors LLC cut its stake in shares of Avantis International Equity ETF (NYSEARCA:AVDE) by 7.7% in the 1st quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 421,739 shares of the company’s stock after selling 35,289 shares during the quarter. Avantis International Equity ETF accounts for 4.1% of Pacific Life Fund Advisors LLC’s portfolio, making the stock its 9th largest holding. Pacific Life Fund Advisors LLC’s holdings in Avantis International Equity ETF were worth $35,780,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds have also modified their holdings of the stock. Hantz Financial Services Inc. acquired a new position in shares of Avantis International Equity ETF in the 4th quarter valued at $29,000. RHL Group LLC purchased a new stake in Avantis International Equity ETF during the fourth quarter valued at about $38,000. US Bancorp DE purchased a new stake in Avantis International Equity ETF during the third quarter valued at about $47,000. Investment Research & Advisory Group Inc. acquired a new position in shares of Avantis International Equity ETF in the fourth quarter worth about $48,000. Finally, Annis Gardner Whiting Capital Advisors LLC purchased a new position in shares of Avantis International Equity ETF in the fourth quarter worth approximately $56,000.

Avantis International Equity ETF Price Performance

AVDE stock opened at $90.04 on Monday. The firm has a market capitalization of $17.55 billion, a P/E 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 company’s 50 day simple moving average is $90.13 and its 200-day simple moving average is $88.06.

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.