Phillip James Consulting Co. Invests $2.13 Million in Avantis International Equity ETF $AVDE

Phillip James Consulting Co. acquired a new stake in shares of Avantis International Equity ETF (NYSEARCA:AVDE) during the first quarter, according to its most recent filing with the Securities & Exchange Commission. The firm acquired 25,135 shares of the company’s stock, valued at approximately $2,132,000. Avantis International Equity ETF makes up about 1.6% of Phillip James Consulting Co.’s investment portfolio, making the stock its 20th largest position.

A number of other hedge funds and other institutional investors have also recently modified their holdings of the business. Align Financial LLC bought a new position in Avantis International Equity ETF in the fourth quarter worth approximately $1,117,525,000. Corient Private Wealth LLC lifted its holdings in Avantis International Equity ETF by 61.5% during the fourth quarter. Corient Private Wealth LLC now owns 5,824,926 shares of the company’s stock worth $479,508,000 after buying an additional 2,219,229 shares during the period. LPL Financial LLC boosted its position in 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 valued at $268,904,000 after acquiring an additional 961,586 shares in the last quarter. Northwestern Mutual Wealth Management Co. boosted its position in Avantis International Equity ETF by 17.0% during the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 3,162,431 shares of the company’s stock valued at $260,331,000 after acquiring an additional 458,993 shares in the last quarter. Finally, PNC Financial Services Group Inc. boosted its position in Avantis International Equity ETF by 5.8% during the 1st quarter. PNC Financial Services Group Inc. now owns 3,096,165 shares of the company’s stock valued at $262,679,000 after acquiring an additional 169,759 shares in the last quarter.

Avantis International Equity ETF Trading Up 1.5%

Shares of NYSEARCA:AVDE opened at $90.00 on Wednesday. The company has a market capitalization of $17.71 billion, a PE ratio of 14.71 and a beta of 0.78. Avantis International Equity ETF has a 12-month low of $72.79 and a 12-month high of $92.60. The business’s fifty day simple moving average is $90.01 and its 200-day simple moving average is $88.41.

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.