SageView Advisory Group LLC Cuts Position in Avantis International Equity ETF (NYSEARCA:AVDE)

SageView Advisory Group LLC cut its position in Avantis International Equity ETF (NYSEARCA:AVDE) by 31.3% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 19,980 shares of the company’s stock after selling 9,116 shares during the quarter. SageView Advisory Group LLC’s holdings in Avantis International Equity ETF were worth $1,201,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors and hedge funds have also recently modified their holdings of AVDE. NBC Securities Inc. purchased a new stake in Avantis International Equity ETF during the fourth quarter worth about $64,000. WealthShield Partners LLC lifted its holdings in Avantis International Equity ETF by 500.0% during the 4th quarter. WealthShield Partners LLC now owns 2,400 shares of the company’s stock worth $145,000 after buying an additional 2,000 shares in the last quarter. Sound Income Strategies LLC purchased a new position in Avantis International Equity ETF in the 4th quarter valued at approximately $163,000. Axxcess Wealth Management LLC acquired a new position in shares of Avantis International Equity ETF in the fourth quarter worth $204,000. Finally, Janney Montgomery Scott LLC purchased a new stake in shares of Avantis International Equity ETF during the third quarter worth $210,000.

Avantis International Equity ETF Trading Up 0.8 %

NYSEARCA:AVDE traded up $0.53 during midday trading on Friday, reaching $64.72. The company had a trading volume of 125,991 shares, compared to its average volume of 238,065. The stock’s fifty day simple moving average is $63.28 and its 200-day simple moving average is $60.79. The firm has a market capitalization of $4.48 billion, a price-to-earnings ratio of 11.74 and a beta of 0.82. Avantis International Equity ETF has a 12-month low of $52.86 and a 12-month high of $65.47.

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.