CGN Advisors LLC Increases Position in Avantis International Equity ETF (NYSEARCA:AVDE)

CGN Advisors LLC lifted its position in Avantis International Equity ETF (NYSEARCA:AVDE) by 8.2% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 563,921 shares of the company’s stock after acquiring an additional 42,704 shares during the quarter. Avantis International Equity ETF accounts for approximately 3.4% of CGN Advisors LLC’s investment portfolio, making the stock its 5th largest holding. CGN Advisors LLC owned approximately 0.81% of Avantis International Equity ETF worth $34,608,000 at the end of the most recent quarter.

A number of other institutional investors have also added to or reduced their stakes in the business. Global Wealth Strategies & Associates purchased a new stake in Avantis International Equity ETF during the fourth quarter worth $32,000. Voisard Asset Management Group Inc. bought a new position in shares of Avantis International Equity ETF in the 3rd quarter worth $41,000. NBC Securities Inc. lifted its stake in shares of Avantis International Equity ETF by 17.6% during the 3rd quarter. NBC Securities Inc. now owns 1,471 shares of the company’s stock worth $98,000 after purchasing an additional 220 shares during the last quarter. Wilmington Savings Fund Society FSB purchased a new position in Avantis International Equity ETF in the third quarter valued at about $106,000. Finally, EnRich Financial Partners LLC raised its holdings in Avantis International Equity ETF by 17.4% in the third quarter. EnRich Financial Partners LLC now owns 2,560 shares of the company’s stock worth $172,000 after purchasing an additional 380 shares in the last quarter.

Avantis International Equity ETF Stock Performance

NYSEARCA:AVDE opened at $62.15 on Friday. The company’s 50-day simple moving average is $62.63 and its 200-day simple moving average is $63.90. Avantis International Equity ETF has a fifty-two week low of $58.42 and a fifty-two week high of $67.83. The stock has a market capitalization of $4.30 billion, a P/E ratio of 11.74 and a beta of 0.82.

Avantis International Equity ETF Company 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.