Avantis International Equity ETF $AVDE Shares Bought by Level Financial Advisors

Level Financial Advisors grew its holdings in Avantis International Equity ETF (NYSEARCA:AVDE) by 182.9% in the third quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 91,616 shares of the company’s stock after buying an additional 59,235 shares during the quarter. Avantis International Equity ETF accounts for 1.8% of Level Financial Advisors’ investment portfolio, making the stock its 17th largest position. Level Financial Advisors’ holdings in Avantis International Equity ETF were worth $8,256,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also made changes to their positions in the company. Align Financial LLC purchased a new position in shares of Avantis International Equity ETF during the 4th quarter valued at approximately $1,117,525,000. Corient Private Wealth LLC grew its stake in Avantis International Equity ETF by 61.5% in the 4th quarter. Corient Private Wealth LLC now owns 5,824,926 shares of the company’s stock valued at $479,508,000 after acquiring an additional 2,219,229 shares during the period. Envestnet Asset Management Inc. increased its holdings in Avantis International Equity ETF by 6.8% in the 2nd quarter. Envestnet Asset Management Inc. now owns 5,248,750 shares of the company’s stock worth $468,190,000 after acquiring an additional 332,230 shares in the last quarter. Bank of America Corp DE increased its holdings in Avantis International Equity ETF by 32.4% in the 1st quarter. Bank of America Corp DE now owns 4,003,424 shares of the company’s stock worth $339,650,000 after acquiring an additional 979,961 shares in the last quarter. Finally, PNC Financial Services Group Inc. raised its position in Avantis International Equity ETF by 5.8% during the first quarter. PNC Financial Services Group Inc. now owns 3,096,165 shares of the company’s stock worth $262,679,000 after acquiring an additional 169,759 shares during the period.

Avantis International Equity ETF Trading Up 0.3%

NYSEARCA:AVDE traded up $0.28 during trading hours on Tuesday, reaching $89.86. 257,491 shares of the company were exchanged, compared to its average volume of 1,148,410. The firm has a market cap of $19.13 billion, a PE ratio of 14.71 and a beta of 0.79. Avantis International Equity ETF has a twelve month low of $77.20 and a twelve month high of $94.82. The stock’s 50-day moving average is $92.54 and its 200-day moving average is $90.51.

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.