Canvas Wealth Advisors LLC Purchases 8,874 Shares of Avantis International Equity ETF $AVDE

Canvas Wealth Advisors LLC increased its position in Avantis International Equity ETF (NYSEARCA:AVDE) by 6.1% in the 4th quarter, according to its most recent 13F filing with the SEC. The firm owned 154,314 shares of the company’s stock after buying an additional 8,874 shares during the period. Avantis International Equity ETF comprises approximately 2.2% of Canvas Wealth Advisors LLC’s holdings, making the stock its 14th largest position. Canvas Wealth Advisors LLC’s holdings in Avantis International Equity ETF were worth $12,703,000 at the end of the most recent quarter.

A number of other large investors also recently added to or reduced their stakes in the business. Royal Bank of Canada grew its holdings in Avantis International Equity ETF by 123.9% during the 1st quarter. Royal Bank of Canada now owns 80,754 shares of the company’s stock valued at $5,352,000 after buying an additional 44,683 shares in the last quarter. Integrated Wealth Concepts LLC lifted its holdings in shares of Avantis International Equity ETF by 49.2% in the first quarter. Integrated Wealth Concepts LLC now owns 6,692 shares of the company’s stock worth $443,000 after buying an additional 2,206 shares in the last quarter. Cetera Investment Advisers lifted its holdings in shares of Avantis International Equity ETF by 22.3% in the second quarter. Cetera Investment Advisers now owns 4,756 shares of the company’s stock worth $352,000 after buying an additional 868 shares in the last quarter. JPMorgan Chase & Co. boosted its position in shares of Avantis International Equity ETF by 40.0% during the second quarter. JPMorgan Chase & Co. now owns 173,687 shares of the company’s stock worth $12,855,000 after acquiring an additional 49,646 shares during the last quarter. Finally, Global Retirement Partners LLC bought a new position in shares of Avantis International Equity ETF during the second quarter worth $1,539,000.

Avantis International Equity ETF Stock Performance

AVDE opened at $84.51 on Thursday. The stock has a market capitalization of $12.74 billion, a price-to-earnings ratio of 14.71 and a beta of 0.84. The company has a fifty day moving average of $87.70 and a 200 day moving average of $82.91. Avantis International Equity ETF has a fifty-two week low of $58.56 and a fifty-two week high of $92.60.

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.