Cypress Point Wealth Management LLC Purchases 645 Shares of Avantis International Equity ETF (NYSEARCA:AVDE)

Cypress Point Wealth Management LLC grew its position in Avantis International Equity ETF (NYSEARCA:AVDE) by 1.3% during the first quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 49,317 shares of the company’s stock after purchasing an additional 645 shares during the quarter. Avantis International Equity ETF makes up approximately 1.0% of Cypress Point Wealth Management LLC’s portfolio, making the stock its 16th largest holding. Cypress Point Wealth Management LLC owned 0.05% of Avantis International Equity ETF worth $3,268,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors also recently modified their holdings of the company. Wealth Enhancement Advisory Services LLC grew its stake in shares of Avantis International Equity ETF by 7.4% in the fourth quarter. Wealth Enhancement Advisory Services LLC now owns 4,890,241 shares of the company’s stock worth $300,114,000 after acquiring an additional 337,019 shares during the last quarter. Corient Private Wealth LLC grew its stake in shares of Avantis International Equity ETF by 15.4% in the fourth 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 during the last quarter. Rockwood Wealth Management LLC grew its stake in shares of Avantis International Equity ETF by 7.1% in the first quarter. Rockwood Wealth Management LLC now owns 2,844,520 shares of the company’s stock worth $188,506,000 after acquiring an additional 187,487 shares during the last quarter. HighTower Advisors LLC grew its stake in shares of Avantis International Equity ETF by 1.5% in the fourth 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 during the last quarter. Finally, American Century Companies Inc. grew its stake in shares of Avantis International Equity ETF by 30.4% in the fourth 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 during the last quarter.

Avantis International Equity ETF Trading Down 0.9%

Shares of Avantis International Equity ETF stock opened at $73.67 on Friday. The company’s fifty day simple moving average is $69.74 and its 200-day simple moving average is $66.16. The company has a market cap of $7.15 billion, a price-to-earnings ratio of 14.90 and a beta of 0.84. Avantis International Equity ETF has a 1 year low of $58.56 and a 1 year high of $74.45.

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.