Balance Wealth LLC Acquires 9,726 Shares of Avantis International Equity ETF $AVDE

Balance Wealth LLC raised its holdings in Avantis International Equity ETF (NYSEARCA:AVDE) by 35.1% during the 1st quarter, Holdings Channel reports. The institutional investor owned 37,405 shares of the company’s stock after acquiring an additional 9,726 shares during the quarter. Avantis International Equity ETF comprises 1.0% of Balance Wealth LLC’s holdings, making the stock its 24th biggest holding. Balance Wealth LLC’s holdings in Avantis International Equity ETF were worth $3,174,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in AVDE. Hantz Financial Services Inc. acquired a new position in shares of Avantis International Equity ETF during the 4th quarter worth about $29,000. RHL Group LLC acquired a new stake in shares of Avantis International Equity ETF in the fourth quarter valued at about $38,000. US Bancorp DE acquired a new stake in shares of Avantis International Equity ETF in the third quarter valued at about $47,000. Investment Research & Advisory Group Inc. bought a new stake in Avantis International Equity ETF during the fourth quarter worth about $48,000. Finally, Annis Gardner Whiting Capital Advisors LLC bought a new stake in Avantis International Equity ETF during the fourth quarter worth about $56,000.

Avantis International Equity ETF Stock Performance

Shares of NYSEARCA AVDE opened at $89.14 on Friday. The stock has a 50 day moving average price of $90.08 and a 200 day moving average price of $87.45. The stock has a market capitalization of $15.65 billion, a PE ratio of 14.71 and a beta of 0.77. Avantis International Equity ETF has a 52 week low of $72.79 and a 52 week high of $92.60.

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.