Cypress Point Wealth Management LLC Has $2.99 Million Stake in Avantis International Equity ETF (NYSEARCA:AVDE)

Cypress Point Wealth Management LLC raised its position in Avantis International Equity ETF (NYSEARCA:AVDE) by 1.2% during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 48,672 shares of the company’s stock after buying an additional 569 shares during the quarter. Avantis International Equity ETF comprises about 0.9% of Cypress Point Wealth Management LLC’s portfolio, making the stock its 22nd largest position. Cypress Point Wealth Management LLC’s holdings in Avantis International Equity ETF were worth $2,987,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Annex Advisory Services LLC boosted its position in shares of Avantis International Equity ETF by 29.0% during the 3rd quarter. Annex Advisory Services LLC now owns 5,760,406 shares of the company’s stock worth $386,120,000 after acquiring an additional 1,295,471 shares in the last quarter. Wealth Enhancement Advisory Services LLC boosted its holdings in shares of Avantis International Equity ETF by 4.8% in the 3rd quarter. Wealth Enhancement Advisory Services LLC now owns 4,553,222 shares of the company’s stock valued at $305,202,000 after purchasing an additional 207,282 shares in the last quarter. Rockwood Wealth Management LLC increased its stake in shares of Avantis International Equity ETF by 7.3% in the 4th quarter. Rockwood Wealth Management LLC now owns 2,657,033 shares of the company’s stock valued at $162,903,000 after purchasing an additional 181,222 shares during the last quarter. HighTower Advisors LLC raised its holdings in shares of Avantis International Equity ETF by 2.1% during the 3rd quarter. HighTower Advisors LLC now owns 2,408,414 shares of the company’s stock worth $161,433,000 after buying an additional 48,936 shares in the last quarter. Finally, LPL Financial LLC lifted its holdings in shares of Avantis International Equity ETF by 21.5% in the third quarter. LPL Financial LLC now owns 1,356,991 shares of the company’s stock worth $90,959,000 after acquiring an additional 240,463 shares during the last quarter.

Avantis International Equity ETF Price Performance

Shares of NYSEARCA:AVDE opened at $63.82 on Friday. Avantis International Equity ETF has a one year low of $58.59 and a one year high of $67.83. The company has a market cap of $4.42 billion, a price-to-earnings ratio of 11.74 and a beta of 0.82. The firm has a 50 day simple moving average of $62.64 and a 200 day simple moving average of $63.89.

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.