Focus Partners Wealth Has $113.92 Million Position in Avantis International Equity ETF $AVDE

Focus Partners Wealth lifted its stake in Avantis International Equity ETF (NYSEARCA:AVDE) by 1.8% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 1,383,904 shares of the company’s stock after purchasing an additional 24,867 shares during the period. Focus Partners Wealth owned 0.92% of Avantis International Equity ETF worth $113,923,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also modified their holdings of the company. Hantz Financial Services Inc. acquired a new stake in shares of Avantis International Equity ETF in the fourth quarter valued at approximately $29,000. RHL Group LLC acquired a new stake in shares of Avantis International Equity ETF in the fourth quarter valued at approximately $38,000. Investment Research & Advisory Group Inc. acquired a new stake in shares of Avantis International Equity ETF in the fourth quarter valued at approximately $48,000. US Bancorp DE acquired a new stake in shares of Avantis International Equity ETF in the third quarter valued at approximately $47,000. Finally, Annis Gardner Whiting Capital Advisors LLC acquired a new stake in shares of Avantis International Equity ETF in the fourth quarter valued at approximately $56,000.

Avantis International Equity ETF Stock Performance

AVDE opened at $89.98 on Monday. The company has a fifty day moving average price of $89.74 and a two-hundred day moving average price of $86.87. Avantis International Equity ETF has a 52 week low of $72.08 and a 52 week high of $92.60. The firm has a market capitalization of $15.80 billion, a PE ratio of 14.71 and a beta of 0.77.

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.