Avantis International Equity ETF (NYSEARCA:AVDE) Shares Bought by Echo Wealth Management LLC

Echo Wealth Management LLC increased its holdings in shares of Avantis International Equity ETF (NYSEARCA:AVDE) by 12.5% during the 3rd quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 164,674 shares of the company’s stock after acquiring an additional 18,242 shares during the period. Avantis International Equity ETF comprises about 7.6% of Echo Wealth Management LLC’s investment portfolio, making the stock its 2nd biggest position. Echo Wealth Management LLC owned 0.24% of Avantis International Equity ETF worth $10,827,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also added to or reduced their stakes in AVDE. Strategic Financial Concepts LLC grew its stake in shares of Avantis International Equity ETF by 7,831.7% in the 2nd quarter. Strategic Financial Concepts LLC now owns 4,744,841 shares of the company’s stock valued at $295,414,000 after purchasing an additional 4,685,020 shares during the period. Annex Advisory Services LLC raised its stake in Avantis International Equity ETF by 115.1% during the second quarter. Annex Advisory Services LLC now owns 4,464,935 shares of the company’s stock worth $277,987,000 after acquiring an additional 2,389,558 shares in the last quarter. Magnolia Capital Advisors LLC bought a new position in shares of Avantis International Equity ETF during the second quarter valued at $27,515,000. Simplicity Wealth LLC boosted its stake in shares of Avantis International Equity ETF by 1,002.3% in the 3rd quarter. Simplicity Wealth LLC now owns 370,453 shares of the company’s stock valued at $24,831,000 after purchasing an additional 336,845 shares in the last quarter. Finally, Wealth Enhancement Advisory Services LLC boosted its stake in shares of Avantis International Equity ETF by 8.3% in the 1st quarter. Wealth Enhancement Advisory Services LLC now owns 4,109,921 shares of the company’s stock valued at $261,966,000 after purchasing an additional 316,020 shares in the last quarter.

Avantis International Equity ETF Stock Up 0.6 %

Shares of Avantis International Equity ETF stock opened at $65.92 on Monday. Avantis International Equity ETF has a 12-month low of $52.86 and a 12-month high of $67.83. The stock has a market capitalization of $4.56 billion, a P/E ratio of 11.74 and a beta of 0.82. The company has a 50-day simple moving average of $65.44 and a 200 day simple moving average of $64.10.

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.