SageView Advisory Group LLC Sells 560 Shares of Avantis International Equity ETF (NYSEARCA:AVDE)

SageView Advisory Group LLC reduced its holdings in Avantis International Equity ETF (NYSEARCA:AVDE) by 2.9% during the fourth quarter, Holdings Channel.com reports. The institutional investor owned 18,762 shares of the company’s stock after selling 560 shares during the quarter. SageView Advisory Group LLC’s holdings in Avantis International Equity ETF were worth $1,151,000 at the end of the most recent quarter.

Several other hedge funds have also recently made changes to their positions in AVDE. Blue Trust Inc. boosted its holdings in Avantis International Equity ETF by 3.3% in the fourth quarter. Blue Trust Inc. now owns 4,930 shares of the company’s stock valued at $303,000 after acquiring an additional 156 shares in the last quarter. Visionary Horizons LLC boosted its stake in shares of Avantis International Equity ETF by 2.1% during the 4th quarter. Visionary Horizons LLC now owns 9,165 shares of the company’s stock valued at $562,000 after purchasing an additional 191 shares in the last quarter. Ifrah Financial Services Inc. increased its position in shares of Avantis International Equity ETF by 2.6% during the fourth quarter. Ifrah Financial Services Inc. now owns 8,094 shares of the company’s stock valued at $497,000 after buying an additional 205 shares during the period. MN Wealth Advisors LLC raised its stake in Avantis International Equity ETF by 2.8% in the fourth quarter. MN Wealth Advisors LLC now owns 8,429 shares of the company’s stock worth $517,000 after buying an additional 230 shares in the last quarter. Finally, EnRich Financial Partners LLC lifted its holdings in Avantis International Equity ETF by 11.2% in the fourth quarter. EnRich Financial Partners LLC now owns 2,847 shares of the company’s stock worth $175,000 after buying an additional 287 shares during the period.

Avantis International Equity ETF Stock Performance

AVDE stock opened at $64.23 on Monday. Avantis International Equity ETF has a fifty-two week low of $58.56 and a fifty-two week high of $68.81. The company has a market capitalization of $5.76 billion, a price-to-earnings ratio of 14.74 and a beta of 0.83. The business’s 50 day moving average price is $65.64 and its two-hundred day moving average price is $64.33.

About Avantis International Equity ETF

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.