Gateway Wealth Partners LLC Has $5.15 Million Stake in Avantis International Equity ETF (NYSEARCA:AVDE)

Gateway Wealth Partners LLC decreased its holdings in Avantis International Equity ETF (NYSEARCA:AVDE) by 34.7% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 83,874 shares of the company’s stock after selling 44,540 shares during the period. Avantis International Equity ETF comprises 1.3% of Gateway Wealth Partners LLC’s portfolio, making the stock its 14th largest holding. Gateway Wealth Partners LLC owned about 0.12% of Avantis International Equity ETF worth $5,147,000 as of its most recent SEC filing.

A number of other large investors also recently made changes to their positions in the business. Falcon Wealth Planning increased its holdings in shares of Avantis International Equity ETF by 33.3% in the 4th quarter. Falcon Wealth Planning now owns 63,874 shares of the company’s stock valued at $3,920,000 after purchasing an additional 15,950 shares during the period. Clarity Capital Advisors LLC increased its holdings in Avantis International Equity ETF by 1.3% in the fourth quarter. Clarity Capital Advisors LLC now owns 95,845 shares of the company’s stock worth $5,882,000 after buying an additional 1,225 shares during the last quarter. Perigon Wealth Management LLC increased its holdings in Avantis International Equity ETF by 3.4% in the fourth quarter. Perigon Wealth Management LLC now owns 104,954 shares of the company’s stock worth $6,492,000 after buying an additional 3,444 shares during the last quarter. Proathlete Wealth Management LLC increased its holdings in Avantis International Equity ETF by 19.9% in the fourth quarter. Proathlete Wealth Management LLC now owns 59,527 shares of the company’s stock worth $3,653,000 after buying an additional 9,900 shares during the last quarter. Finally, Acorn Creek Capital LLC acquired a new position in Avantis International Equity ETF in the fourth quarter worth approximately $265,000.

Avantis International Equity ETF Stock Performance

NYSEARCA:AVDE opened at $63.74 on Wednesday. The stock’s 50 day moving average price is $62.66 and its 200 day moving average price is $63.89. Avantis International Equity ETF has a 52 week low of $58.59 and a 52 week high of $67.83. The company has a market capitalization of $4.41 billion, a P/E ratio of 11.74 and a beta of 0.82.

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.