Stratos Wealth Partners LTD. Purchases 7,771 Shares of Avantis International Equity ETF (NYSEARCA:AVDE)

Stratos Wealth Partners LTD. increased its stake in shares of Avantis International Equity ETF (NYSEARCA:AVDE) by 4.9% during the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 167,457 shares of the company’s stock after buying an additional 7,771 shares during the quarter. Stratos Wealth Partners LTD. owned about 0.24% of Avantis International Equity ETF worth $11,225,000 at the end of the most recent reporting period.

A number of other hedge funds have also recently added to or reduced their stakes in the stock. LRI Investments LLC acquired a new stake in shares of Avantis International Equity ETF during the 1st quarter worth $71,000. NBC Securities Inc. grew its stake in Avantis International Equity ETF by 17.6% during the third quarter. NBC Securities Inc. now owns 1,471 shares of the company’s stock worth $98,000 after buying an additional 220 shares in the last quarter. O Shaughnessy Asset Management LLC bought a new position in Avantis International Equity ETF in the 1st quarter valued at about $192,000. Accel Wealth Management acquired a new position in shares of Avantis International Equity ETF in the 1st quarter valued at approximately $207,000. Finally, Sanctuary Advisors LLC bought a new stake in shares of Avantis International Equity ETF during the 2nd quarter worth approximately $214,000.

Avantis International Equity ETF Price Performance

Shares of NYSEARCA:AVDE opened at $65.92 on Friday. Avantis International Equity ETF has a 1 year low of $52.86 and a 1 year high of $67.83. The stock has a market capitalization of $4.56 billion, a price-to-earnings ratio of 11.74 and a beta of 0.82. The company’s 50 day simple moving average is $65.44 and its 200 day simple moving average is $64.09.

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.