Avantis International Equity ETF (NYSEARCA:AVDE) Shares Purchased by Physician Wealth Solutions Inc.

Physician Wealth Solutions Inc. raised its position in Avantis International Equity ETF (NYSEARCA:AVDE) by 1.6% in the 3rd quarter, Holdings Channel reports. The fund owned 98,182 shares of the company’s stock after purchasing an additional 1,578 shares during the period. Avantis International Equity ETF accounts for 3.1% of Physician Wealth Solutions Inc.’s holdings, making the stock its 13th biggest holding. Physician Wealth Solutions Inc.’s holdings in Avantis International Equity ETF were worth $6,301,000 at the end of the most recent quarter.

A number of other hedge funds also recently made changes to their positions in AVDE. Strategic Financial Concepts LLC grew its holdings in Avantis International Equity ETF by 7,831.7% during the 2nd quarter. Strategic Financial Concepts LLC now owns 4,744,841 shares of the company’s stock valued at $295,414,000 after purchasing an additional 4,685,020 shares in the last quarter. Annex Advisory Services LLC grew its stake in shares of Avantis International Equity ETF by 115.1% during the second quarter. Annex Advisory Services LLC now owns 4,464,935 shares of the company’s stock valued at $277,987,000 after acquiring an additional 2,389,558 shares in the last quarter. Magnolia Capital Advisors LLC acquired a new stake in shares of Avantis International Equity ETF during the second quarter valued at about $27,515,000. Simplicity Wealth LLC increased its position in shares of Avantis International Equity ETF by 1,002.3% during the third quarter. Simplicity Wealth LLC now owns 370,453 shares of the company’s stock worth $24,831,000 after acquiring an additional 336,845 shares during the last quarter. Finally, Cannon Financial Strategists Inc. acquired a new position in shares of Avantis International Equity ETF in the second quarter worth about $15,976,000.

Avantis International Equity ETF Price Performance

AVDE traded down $0.94 on Friday, reaching $64.11. The company’s stock had a trading volume of 22,565 shares, compared to its average volume of 251,624. Avantis International Equity ETF has a 1 year low of $54.66 and a 1 year high of $67.83. The business’s 50 day moving average is $65.39 and its 200 day moving average is $64.26. The stock has a market cap of $4.44 billion, a price-to-earnings ratio of 11.74 and a beta of 0.82.

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.