Avantis International Equity ETF $AVDE is Advance Capital Management Inc.’s 6th Largest Position

Advance Capital Management Inc. lifted its stake in Avantis International Equity ETF (NYSEARCA:AVDE) by 1,709.5% in the 1st quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 1,732,496 shares of the company’s stock after purchasing an additional 1,636,753 shares during the period. Avantis International Equity ETF makes up 5.6% of Advance Capital Management Inc.’s investment portfolio, making the stock its 6th largest holding. Advance Capital Management Inc.’s holdings in Avantis International Equity ETF were worth $146,985,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors have also recently added to or reduced their stakes in AVDE. Align Financial LLC acquired a new position in Avantis International Equity ETF during the fourth quarter worth about $1,117,525,000. Corient Private Wealth LLC increased its holdings in Avantis International Equity ETF by 61.5% in the fourth quarter. Corient Private Wealth LLC now owns 5,824,926 shares of the company’s stock valued at $479,508,000 after buying an additional 2,219,229 shares in the last quarter. Wealth Enhancement Advisory Services LLC lifted its position in shares of Avantis International Equity ETF by 4.2% during the 4th quarter. Wealth Enhancement Advisory Services LLC now owns 5,102,049 shares of the company’s stock valued at $429,545,000 after acquiring an additional 206,717 shares during the period. Ameriprise Financial Inc. lifted its position in shares of Avantis International Equity ETF by 357.3% during the 3rd quarter. Ameriprise Financial Inc. now owns 4,932,115 shares of the company’s stock valued at $388,855,000 after acquiring an additional 3,853,677 shares during the period. Finally, LPL Financial LLC boosted its stake in shares of Avantis International Equity ETF by 41.7% during the 4th quarter. LPL Financial LLC now owns 3,266,571 shares of the company’s stock worth $268,904,000 after acquiring an additional 961,586 shares in the last quarter.

Avantis International Equity ETF Price Performance

Shares of NYSEARCA:AVDE opened at $90.87 on Tuesday. The firm has a market capitalization of $17.47 billion, a price-to-earnings ratio of 14.71 and a beta of 0.78. The business’s 50 day simple moving average is $89.99 and its 200-day simple moving average is $87.76. Avantis International Equity ETF has a 12 month low of $72.79 and a 12 month 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.