Wells Fargo & Company MN Boosts Stock Position in Avantis International Equity ETF (NYSEARCA:AVDE)

Wells Fargo & Company MN boosted its holdings in shares of Avantis International Equity ETF (NYSEARCA:AVDE) by 16.2% during the 4th quarter, Holdings Channel.com reports. The firm owned 504,735 shares of the company’s stock after purchasing an additional 70,333 shares during the quarter. Wells Fargo & Company MN’s holdings in Avantis International Equity ETF were worth $30,976,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently bought and sold shares of the business. Strategic Financial Concepts LLC increased its holdings in Avantis International Equity ETF by 7,432.5% during the 4th quarter. Strategic Financial Concepts LLC now owns 6,117,174 shares of the company’s stock worth $375,411,000 after purchasing an additional 6,035,964 shares during the last quarter. Corient Private Wealth LLC grew its position in shares of Avantis International Equity ETF by 15.4% in the 4th quarter. Corient Private Wealth LLC now owns 3,384,651 shares of the company’s stock worth $207,716,000 after acquiring an additional 450,656 shares in the last quarter. Rockwood Wealth Management LLC grew its position in shares of Avantis International Equity ETF by 7.3% in the 4th quarter. Rockwood Wealth Management LLC now owns 2,657,033 shares of the company’s stock worth $162,903,000 after acquiring an additional 181,222 shares in the last quarter. HighTower Advisors LLC grew its position in shares of Avantis International Equity ETF by 1.5% in the 4th quarter. HighTower Advisors LLC now owns 2,445,508 shares of the company’s stock worth $150,081,000 after acquiring an additional 37,094 shares in the last quarter. Finally, American Century Companies Inc. grew its position in shares of Avantis International Equity ETF by 30.4% in the 4th quarter. American Century Companies Inc. now owns 2,219,381 shares of the company’s stock worth $136,203,000 after acquiring an additional 517,942 shares in the last quarter.

Avantis International Equity ETF Trading Down 1.4 %

Shares of AVDE opened at $62.58 on Friday. The firm has a market cap of $5.61 billion, a price-to-earnings ratio of 14.74 and a beta of 0.83. The stock has a 50 day moving average of $65.64 and a 200-day moving average of $64.37. Avantis International Equity ETF has a 52 week low of $58.56 and a 52 week high of $68.81.

Avantis International Equity ETF Company 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.