Lutz Financial Services LLC Trims Position in Avantis International Equity ETF $AVDE

Lutz Financial Services LLC decreased its stake in shares of Avantis International Equity ETF (NYSEARCA:AVDE) by 4.3% in the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 147,685 shares of the company’s stock after selling 6,637 shares during the quarter. Lutz Financial Services LLC’s holdings in Avantis International Equity ETF were worth $12,530,000 as of its most recent SEC filing.

Several other large investors also recently added to or reduced their stakes in the stock. EverSource Wealth Advisors LLC raised its stake in shares of Avantis International Equity ETF by 19.6% during the fourth quarter. EverSource Wealth Advisors LLC now owns 186,126 shares of the company’s stock valued at $15,322,000 after acquiring an additional 30,539 shares in the last quarter. Elyxium Wealth LLC purchased a new stake in shares of Avantis International Equity ETF in the 4th quarter worth $7,587,000. Apella Capital LLC lifted its holdings in shares of Avantis International Equity ETF by 7.9% in the 4th quarter. Apella Capital LLC now owns 682,150 shares of the company’s stock worth $56,155,000 after buying an additional 49,699 shares during the period. UBS Group AG grew its position in shares of Avantis International Equity ETF by 8.6% during the 4th quarter. UBS Group AG now owns 1,061,289 shares of the company’s stock worth $87,365,000 after buying an additional 83,675 shares in the last quarter. Finally, Legacy Financial Strategies LLC bought a new position in shares of Avantis International Equity ETF during the 4th quarter worth $33,349,000.

Avantis International Equity ETF Trading Down 0.9%

Shares of Avantis International Equity ETF stock opened at $89.27 on Tuesday. The stock’s fifty day moving average price is $90.12 and its 200-day moving average price is $88.11. The firm has a market cap of $17.40 billion, a P/E ratio of 14.71 and a beta of 0.78. Avantis International Equity ETF has a 12 month low of $72.79 and a 12 month high of $92.60.

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.