Simplicity Wealth LLC Has $60.82 Million Position in Avantis International Equity ETF $AVDE

Simplicity Wealth LLC raised its position in Avantis International Equity ETF (NYSEARCA:AVDE) by 110.6% during the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 821,790 shares of the company’s stock after buying an additional 431,583 shares during the quarter. Avantis International Equity ETF comprises about 2.5% of Simplicity Wealth LLC’s holdings, making the stock its 6th largest position. Simplicity Wealth LLC owned about 0.80% of Avantis International Equity ETF worth $60,821,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently made changes to their positions in AVDE. Eastern Bank purchased a new stake in Avantis International Equity ETF in the 1st quarter worth about $31,000. AdvisorNet Financial Inc raised its position in shares of Avantis International Equity ETF by 234.4% in the second quarter. AdvisorNet Financial Inc now owns 642 shares of the company’s stock valued at $48,000 after purchasing an additional 450 shares during the period. JFS Wealth Advisors LLC bought a new stake in shares of Avantis International Equity ETF in the first quarter valued at approximately $72,000. NBC Securities Inc. lifted its stake in shares of Avantis International Equity ETF by 134,500.0% during the 1st quarter. NBC Securities Inc. now owns 1,346 shares of the company’s stock valued at $89,000 after buying an additional 1,345 shares in the last quarter. Finally, North Capital Inc. purchased a new position in Avantis International Equity ETF in the 1st quarter valued at approximately $93,000.

Avantis International Equity ETF Price Performance

Shares of AVDE stock opened at $79.98 on Friday. The stock has a market capitalization of $9.83 billion, a price-to-earnings ratio of 14.71 and a beta of 0.94. The company’s fifty day simple moving average is $77.04 and its two-hundred day simple moving average is $72.73. Avantis International Equity ETF has a 1 year low of $58.56 and a 1 year high of $80.09.

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.