WMG Financial Advisors LLC Has $12.81 Million Holdings in Avantis International Equity ETF (NYSEARCA:AVDE)

WMG Financial Advisors LLC boosted its holdings in shares of Avantis International Equity ETF (NYSEARCA:AVDE) by 8.7% in the 4th quarter, Holdings Channel.com reports. The firm owned 208,801 shares of the company’s stock after purchasing an additional 16,750 shares during the quarter. Avantis International Equity ETF makes up about 5.5% of WMG Financial Advisors LLC’s portfolio, making the stock its 3rd largest position. WMG Financial Advisors LLC’s holdings in Avantis International Equity ETF were worth $12,814,000 at the end of the most recent reporting period.

Several other hedge funds have also recently added to or reduced their stakes in AVDE. Strategic Financial Concepts LLC lifted its position in shares of Avantis International Equity ETF by 7,432.5% in the 4th quarter. Strategic Financial Concepts LLC now owns 6,117,174 shares of the company’s stock worth $375,411,000 after acquiring an additional 6,035,964 shares during the period. Life Planning Partners Inc lifted its position in shares of Avantis International Equity ETF by 6,282.9% in the 4th quarter. Life Planning Partners Inc now owns 931,655 shares of the company’s stock worth $57,000 after acquiring an additional 917,059 shares during the period. Gradient Investments LLC bought a new stake in shares of Avantis International Equity ETF in the 4th quarter worth approximately $42,426,000. Executive Wealth Management LLC bought a new stake in shares of Avantis International Equity ETF in the 3rd quarter worth approximately $26,196,000. Finally, Modera Wealth Management LLC bought a new stake in shares of Avantis International Equity ETF in the 4th quarter worth approximately $23,477,000.

Avantis International Equity ETF Trading Up 0.8 %

Shares of AVDE stock opened at $66.14 on Tuesday. Avantis International Equity ETF has a 12 month low of $59.02 and a 12 month high of $67.83. The stock has a 50 day moving average of $63.53 and a two-hundred day moving average of $64.26. The company has a market capitalization of $5.84 billion, a P/E ratio of 15.30 and a beta of 0.92.

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.