Brown Financial Advisors Invests $2.67 Million in Avantis International Equity ETF (NYSEARCA:AVDE)

Brown Financial Advisors acquired a new stake in shares of Avantis International Equity ETF (NYSEARCA:AVDE) during the fourth quarter, HoldingsChannel reports. The firm acquired 43,505 shares of the company’s stock, valued at approximately $2,670,000. Avantis International Equity ETF accounts for 1.1% of Brown Financial Advisors’ holdings, making the stock its 28th largest holding.

Several other hedge funds and other institutional investors have also modified their holdings of the stock. Private Advisor Group LLC grew its stake in Avantis International Equity ETF by 1.9% in the third quarter. Private Advisor Group LLC now owns 35,601 shares of the company’s stock valued at $2,386,000 after acquiring an additional 670 shares during the period. NorthCrest Asset Manangement LLC grew its position in shares of Avantis International Equity ETF by 11.9% during the 3rd quarter. NorthCrest Asset Manangement LLC now owns 6,667 shares of the company’s stock worth $447,000 after purchasing an additional 711 shares in the last quarter. PFG Investments LLC increased its holdings in Avantis International Equity ETF by 23.2% in the 3rd quarter. PFG Investments LLC now owns 5,287 shares of the company’s stock valued at $354,000 after buying an additional 997 shares during the period. Family Investment Center Inc. raised its holdings in shares of Avantis International Equity ETF by 60.0% during the 3rd quarter. Family Investment Center Inc. now owns 284,128 shares of the company’s stock worth $19,045,000 after buying an additional 106,518 shares in the last quarter. Finally, TCI Wealth Advisors Inc. boosted its stake in Avantis International Equity ETF by 3.7% in the third quarter. TCI Wealth Advisors Inc. now owns 136,995 shares of the company’s stock valued at $9,183,000 after buying an additional 4,830 shares in the last quarter.

Avantis International Equity ETF Trading Up 0.0 %

AVDE opened at $65.63 on Tuesday. The company has a market cap of $4.54 billion, a P/E ratio of 11.74 and a beta of 0.82. Avantis International Equity ETF has a 1-year low of $59.02 and a 1-year high of $67.83. The company’s 50 day moving average is $63.07 and its 200-day moving average is $64.15.

Avantis International Equity ETF Company 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.