Farther Finance Advisors LLC Has $2.81 Million Holdings in Avantis International Equity ETF (NYSEARCA:AVDE)

Farther Finance Advisors LLC increased its holdings in Avantis International Equity ETF (NYSEARCA:AVDE) by 6.1% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 45,757 shares of the company’s stock after purchasing an additional 2,651 shares during the period. Farther Finance Advisors LLC’s holdings in Avantis International Equity ETF were worth $2,808,000 at the end of the most recent reporting period.

Several other hedge funds have also recently bought and sold shares of the business. Parkworth Wealth Management Inc. bought a new stake in shares of Avantis International Equity ETF during the 4th quarter worth about $5,755,000. EverSource Wealth Advisors LLC lifted its holdings in Avantis International Equity ETF by 37.8% in the 4th quarter. EverSource Wealth Advisors LLC now owns 65,546 shares of the company’s stock worth $4,023,000 after purchasing an additional 17,975 shares during the last quarter. HighTower Advisors LLC boosted its position in Avantis International Equity ETF by 1.5% during the fourth quarter. HighTower Advisors LLC now owns 2,445,508 shares of the company’s stock worth $150,081,000 after purchasing an additional 37,094 shares during the period. Cascade Financial Partners LLC boosted its position in Avantis International Equity ETF by 22.0% during the fourth quarter. Cascade Financial Partners LLC now owns 38,475 shares of the company’s stock worth $2,361,000 after purchasing an additional 6,930 shares during the period. Finally, Tortoise Investment Management LLC grew its holdings in Avantis International Equity ETF by 3.7% during the fourth quarter. Tortoise Investment Management LLC now owns 30,433 shares of the company’s stock valued at $1,868,000 after purchasing an additional 1,073 shares during the last quarter.

Avantis International Equity ETF Trading Up 0.7 %

Shares of Avantis International Equity ETF stock opened at $66.69 on Thursday. The firm has a fifty day simple moving average of $64.28 and a 200-day simple moving average of $64.36. The stock has a market capitalization of $5.89 billion, a price-to-earnings ratio of 15.30 and a beta of 0.92. Avantis International Equity ETF has a 1-year low of $59.02 and a 1-year high of $67.94.

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.