Modera Wealth Management LLC Buys New Holdings in Avantis International Equity ETF $AVDE

Modera Wealth Management LLC acquired a new stake in shares of Avantis International Equity ETF (NYSEARCA:AVDE) in the third quarter, according to its most recent disclosure with the SEC. The firm acquired 349,716 shares of the company’s stock, valued at approximately $31,513,000. Modera Wealth Management LLC owned approximately 0.16% of Avantis International Equity ETF at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently modified their holdings of AVDE. Envestnet Asset Management Inc. boosted its position in shares of Avantis International Equity ETF by 6.8% during the second quarter. Envestnet Asset Management Inc. now owns 5,248,750 shares of the company’s stock worth $468,190,000 after acquiring an additional 332,230 shares during the last quarter. Bank of America Corp DE increased its holdings in Avantis International Equity ETF by 32.4% in the 1st quarter. Bank of America Corp DE now owns 4,003,424 shares of the company’s stock valued at $339,650,000 after acquiring an additional 979,961 shares during the last quarter. PNC Financial Services Group Inc. increased its holdings in Avantis International Equity ETF by 5.8% in the 1st quarter. PNC Financial Services Group Inc. now owns 3,096,165 shares of the company’s stock valued at $262,679,000 after acquiring an additional 169,759 shares during the last quarter. Rockwood Wealth Management LLC lifted its stake in Avantis International Equity ETF by 2.5% in the 1st quarter. Rockwood Wealth Management LLC now owns 3,008,115 shares of the company’s stock worth $255,208,000 after purchasing an additional 72,655 shares in the last quarter. Finally, Advance Capital Management Inc. lifted its stake in Avantis International Equity ETF by 1,709.5% in the 1st quarter. Advance Capital Management Inc. now owns 1,732,496 shares of the company’s stock worth $146,985,000 after purchasing an additional 1,636,753 shares in the last quarter.

Avantis International Equity ETF Stock Down 1.1%

Shares of AVDE stock opened at $89.11 on Friday. The company’s fifty day simple moving average is $91.42 and its two-hundred day simple moving average is $89.75. Avantis International Equity ETF has a 52 week low of $77.20 and a 52 week high of $94.82. The stock has a market cap of $19.41 billion, a P/E ratio of 14.71 and a beta of 0.79.

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.