Private Wealth Management Group LLC Acquires 6,073 Shares of Avantis International Equity ETF (NYSEARCA:AVDE)

Private Wealth Management Group LLC increased its holdings in Avantis International Equity ETF (NYSEARCA:AVDE) by 63.7% in the fourth quarter, HoldingsChannel reports. The firm owned 15,607 shares of the company’s stock after purchasing an additional 6,073 shares during the period. Private Wealth Management Group LLC’s holdings in Avantis International Equity ETF were worth $958,000 as of its most recent SEC filing.

Several other hedge funds have also recently bought and sold shares of the business. Annex Advisory Services LLC lifted its position in shares of Avantis International Equity ETF by 29.0% in the third quarter. Annex Advisory Services LLC now owns 5,760,406 shares of the company’s stock worth $386,120,000 after buying an additional 1,295,471 shares during the last quarter. Gradient Investments LLC acquired a new stake in Avantis International Equity ETF in the 4th quarter worth approximately $42,426,000. Executive Wealth Management LLC bought a new stake in Avantis International Equity ETF during the third quarter worth approximately $26,196,000. Simplicity Wealth LLC boosted its position in Avantis International Equity ETF by 1,002.3% during the third quarter. Simplicity Wealth LLC now owns 370,453 shares of the company’s stock worth $24,831,000 after purchasing an additional 336,845 shares during the period. Finally, Yardley Wealth Management LLC acquired a new position in Avantis International Equity ETF during the third quarter valued at approximately $21,852,000.

Avantis International Equity ETF Trading Up 0.8 %

Shares of Avantis International Equity ETF stock opened at $64.49 on Thursday. The firm has a fifty day simple moving average of $62.77 and a 200-day simple moving average of $63.87. The stock has a market capitalization of $4.46 billion, a price-to-earnings ratio of 11.74 and a beta of 0.82. Avantis International Equity ETF has a 1-year low of $58.59 and a 1-year high of $67.83.

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.