Nicholson Wealth Management Group LLC Acquires New Position in Avantis International Equity ETF (NYSEARCA:AVDE)

Nicholson Wealth Management Group LLC bought a new position in Avantis International Equity ETF (NYSEARCA:AVDE) in the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor bought 38,574 shares of the company’s stock, valued at approximately $2,586,000. Avantis International Equity ETF makes up about 2.1% of Nicholson Wealth Management Group LLC’s holdings, making the stock its 5th biggest holding. Nicholson Wealth Management Group LLC owned approximately 0.06% of Avantis International Equity ETF at the end of the most recent quarter.

A number of other institutional investors also recently modified their holdings of the stock. Annex Advisory Services LLC grew its stake in shares of Avantis International Equity ETF by 29.0% in the 3rd quarter. Annex Advisory Services LLC now owns 5,760,406 shares of the company’s stock valued at $386,120,000 after buying an additional 1,295,471 shares in the last quarter. Strategic Financial Concepts LLC increased its stake in shares of Avantis International Equity ETF by 7,831.7% during the 2nd quarter. Strategic Financial Concepts LLC now owns 4,744,841 shares of the company’s stock worth $295,414,000 after purchasing an additional 4,685,020 shares during the last quarter. Wealth Enhancement Advisory Services LLC lifted its stake in shares of Avantis International Equity ETF by 5.7% in the 2nd quarter. Wealth Enhancement Advisory Services LLC now owns 4,345,940 shares of the company’s stock valued at $270,578,000 after purchasing an additional 236,019 shares during the last quarter. Rockwood Wealth Management LLC lifted its stake in shares of Avantis International Equity ETF by 7.4% in the 3rd quarter. Rockwood Wealth Management LLC now owns 2,475,811 shares of the company’s stock valued at $165,954,000 after purchasing an additional 169,844 shares during the last quarter. Finally, WMS Partners LLC increased its position in Avantis International Equity ETF by 3.6% during the first quarter. WMS Partners LLC now owns 1,728,586 shares of the company’s stock worth $110,180,000 after buying an additional 59,930 shares during the last quarter.

Avantis International Equity ETF Price Performance

NYSEARCA AVDE opened at $64.52 on Friday. The firm has a market cap of $4.46 billion, a P/E ratio of 11.74 and a beta of 0.82. The stock’s 50-day moving average is $65.57 and its two-hundred day moving average is $64.13. Avantis International Equity ETF has a fifty-two week low of $52.86 and a fifty-two week high of $67.83.

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.