Rockwood Wealth Management LLC Has $255.21 Million Stock Position in Avantis International Equity ETF $AVDE

Rockwood Wealth Management LLC grew its stake in shares of Avantis International Equity ETF (NYSEARCA:AVDE) by 2.5% in the first quarter, Holdings Channel reports. The firm owned 3,008,115 shares of the company’s stock after acquiring an additional 72,655 shares during the period. Avantis International Equity ETF accounts for approximately 18.3% of Rockwood Wealth Management LLC’s holdings, making the stock its 2nd largest position. Rockwood Wealth Management LLC’s holdings in Avantis International Equity ETF were worth $255,208,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors also recently added to or reduced their stakes in the company. Hantz Financial Services Inc. purchased a new stake in Avantis International Equity ETF in the 4th quarter valued at about $29,000. RHL Group LLC purchased a new position in shares of Avantis International Equity ETF during the fourth quarter worth approximately $38,000. US Bancorp DE bought a new stake in shares of Avantis International Equity ETF during the third quarter valued at approximately $47,000. Investment Research & Advisory Group Inc. bought a new stake in shares of Avantis International Equity ETF during the fourth quarter valued at approximately $48,000. Finally, Annis Gardner Whiting Capital Advisors LLC purchased a new stake in shares of Avantis International Equity ETF in the fourth quarter valued at approximately $56,000.

Avantis International Equity ETF Stock Down 1.2%

Shares of NYSEARCA:AVDE opened at $89.74 on Wednesday. Avantis International Equity ETF has a 52-week low of $72.79 and a 52-week high of $92.60. The stock has a market cap of $17.27 billion, a P/E ratio of 14.71 and a beta of 0.78. The business’s 50 day moving average is $90.05 and its 200 day moving average is $87.90.

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.