Mills Wealth Advisors LLC Acquires New Position in Avantis International Equity ETF (NYSEARCA:AVDE)

Mills Wealth Advisors LLC purchased a new position in shares of Avantis International Equity ETF (NYSEARCA:AVDE) during the 4th quarter, HoldingsChannel.com reports. The fund purchased 7,031 shares of the company’s stock, valued at approximately $431,000.

A number of other institutional investors also recently bought and sold shares of AVDE. Strategic Financial Concepts LLC raised its position in Avantis International Equity ETF by 7,432.5% in the fourth quarter. Strategic Financial Concepts LLC now owns 6,117,174 shares of the company’s stock valued at $375,411,000 after purchasing an additional 6,035,964 shares during the period. Rockwood Wealth Management LLC lifted its holdings in Avantis International Equity ETF by 7.3% during the 4th quarter. Rockwood Wealth Management LLC now owns 2,657,033 shares of the company’s stock worth $162,903,000 after buying an additional 181,222 shares in the last quarter. HighTower Advisors LLC boosted its position in Avantis International Equity ETF by 2.1% in the 3rd quarter. HighTower Advisors LLC now owns 2,408,414 shares of the company’s stock valued at $161,433,000 after buying an additional 48,936 shares during the period. LPL Financial LLC boosted its holdings in Avantis International Equity ETF by 21.5% in the third quarter. LPL Financial LLC now owns 1,356,991 shares of the company’s stock valued at $90,959,000 after purchasing an additional 240,463 shares during the period. Finally, Adero Partners LLC grew its stake in Avantis International Equity ETF by 10.1% during the 4th quarter. Adero Partners LLC now owns 1,179,332 shares of the company’s stock worth $72,376,000 after purchasing an additional 108,518 shares in the last quarter.

Avantis International Equity ETF Price Performance

Shares of NYSEARCA AVDE opened at $65.54 on Friday. The stock’s 50-day moving average is $63.34 and its two-hundred day moving average is $64.20. The company has a market cap of $5.78 billion, a price-to-earnings ratio of 15.30 and a beta of 0.92. Avantis International Equity ETF has a 1-year low of $59.02 and a 1-year high of $67.83.

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.