Focus Partners Advisor Solutions LLC Increases Position in Avantis International Equity ETF (NYSEARCA:AVDE)

Focus Partners Advisor Solutions LLC increased its stake in Avantis International Equity ETF (NYSEARCA:AVDE) by 41.2% in the 4th quarter, according to its most recent disclosure with the SEC. The institutional investor owned 224,893 shares of the company’s stock after acquiring an additional 65,616 shares during the period. Focus Partners Advisor Solutions LLC owned about 0.32% of Avantis International Equity ETF worth $13,802,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Truist Financial Corp grew its position in Avantis International Equity ETF by 12.9% in the fourth quarter. Truist Financial Corp now owns 11,147 shares of the company’s stock worth $684,000 after acquiring an additional 1,273 shares in the last quarter. JPMorgan Chase & Co. grew its position in Avantis International Equity ETF by 8.1% in the fourth quarter. JPMorgan Chase & Co. now owns 104,368 shares of the company’s stock worth $6,405,000 after acquiring an additional 7,864 shares in the last quarter. Pacific Life Fund Advisors LLC grew its position in Avantis International Equity ETF by 4.0% in the fourth quarter. Pacific Life Fund Advisors LLC now owns 675,155 shares of the company’s stock worth $41,434,000 after acquiring an additional 26,144 shares in the last quarter. Raymond James Financial Inc. purchased a new position in Avantis International Equity ETF in the fourth quarter worth $17,291,000. Finally, SC&H Financial Advisors Inc. grew its position in Avantis International Equity ETF by 5.2% in the fourth quarter. SC&H Financial Advisors Inc. now owns 338,357 shares of the company’s stock worth $20,765,000 after acquiring an additional 16,710 shares in the last quarter.

Avantis International Equity ETF Stock Up 0.6%

Avantis International Equity ETF stock opened at $72.25 on Wednesday. The company has a market capitalization of $6.86 billion, a PE ratio of 14.92 and a beta of 0.84. The firm has a fifty day simple moving average of $67.21 and a two-hundred day simple moving average of $64.97. Avantis International Equity ETF has a twelve month low of $58.56 and a twelve month high of $72.28.

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.