Avantis International Equity ETF (NYSEARCA:AVDE) is Red Lighthouse Investment Management LLC’s 5th Largest Position

Red Lighthouse Investment Management LLC increased its holdings in Avantis International Equity ETF (NYSEARCA:AVDE) by 1.1% during the fourth quarter, according to its most recent disclosure with the SEC. The institutional investor owned 295,418 shares of the company’s stock after buying an additional 3,121 shares during the period. Avantis International Equity ETF accounts for approximately 7.2% of Red Lighthouse Investment Management LLC’s portfolio, making the stock its 5th largest holding. Red Lighthouse Investment Management LLC owned approximately 0.43% of Avantis International Equity ETF worth $18,130,000 at the end of the most recent quarter.

Several other large investors also recently added to or reduced their stakes in AVDE. TFB Advisors LLC boosted its position in shares of Avantis International Equity ETF by 3.0% during the 3rd quarter. TFB Advisors LLC now owns 6,368 shares of the company’s stock valued at $427,000 after acquiring an additional 184 shares during the last quarter. Capital Performance Advisors LLP raised its stake in Avantis International Equity ETF by 6.1% in the third quarter. Capital Performance Advisors LLP now owns 10,916 shares of the company’s stock valued at $732,000 after purchasing an additional 627 shares in the last quarter. Physician Wealth Solutions Inc. lifted its position in Avantis International Equity ETF by 1.6% during the third quarter. Physician Wealth Solutions Inc. now owns 98,182 shares of the company’s stock valued at $6,301,000 after purchasing an additional 1,578 shares during the last quarter. Executive Wealth Management LLC purchased a new position in Avantis International Equity ETF in the 3rd quarter worth approximately $26,196,000. Finally, Cypress Point Wealth Management LLC increased its holdings in shares of Avantis International Equity ETF by 4.4% in the 3rd quarter. Cypress Point Wealth Management LLC now owns 48,103 shares of the company’s stock worth $3,224,000 after buying an additional 2,025 shares during the last quarter.

Avantis International Equity ETF Stock Performance

Avantis International Equity ETF stock opened at $67.91 on Friday. Avantis International Equity ETF has a fifty-two week low of $59.02 and a fifty-two week high of $67.94. The firm’s fifty day moving average price is $63.98 and its 200-day moving average price is $64.34. The stock has a market cap of $5.99 billion, a P/E ratio of 15.30 and a beta of 0.92.

Avantis International Equity ETF 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.