Cwm LLC Reduces Holdings in Avantis International Equity ETF (NYSEARCA:AVDE)

Cwm LLC decreased its position in shares of Avantis International Equity ETF (NYSEARCA:AVDE) by 2.5% during the 2nd quarter, according to the company in its most recent disclosure with the SEC. The fund owned 405,776 shares of the company’s stock after selling 10,298 shares during the quarter. Cwm LLC owned approximately 0.59% of Avantis International Equity ETF worth $25,264,000 as of its most recent filing with the SEC.

Other hedge funds also recently made changes to their positions in the company. Elevate Wealth Advisory Inc. purchased a new position in shares of Avantis International Equity ETF during the fourth quarter worth about $34,000. Activest Wealth Management purchased a new position in shares of Avantis International Equity ETF during the first quarter worth about $60,000. NBC Securities Inc. purchased a new position in shares of Avantis International Equity ETF during the fourth quarter worth about $64,000. LRI Investments LLC purchased a new position in shares of Avantis International Equity ETF during the first quarter worth about $70,000. Finally, Clarity Asset Management Inc. purchased a new position in shares of Avantis International Equity ETF during the fourth quarter worth about $157,000.

Avantis International Equity ETF Trading Up 0.4 %

Shares of NYSEARCA AVDE traded up $0.25 during midday trading on Wednesday, reaching $60.52. 296,793 shares of the company were exchanged, compared to its average volume of 267,436. Avantis International Equity ETF has a 1 year low of $52.86 and a 1 year high of $65.47. The stock has a fifty day simple moving average of $63.47 and a 200 day simple moving average of $62.66. The stock has a market cap of $4.19 billion, a P/E ratio of 11.74 and a beta of 0.82.

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.