Modera Wealth Management LLC Takes Position in Avantis International Equity ETF (NYSEARCA:AVDE)

Modera Wealth Management LLC acquired a new stake in shares of Avantis International Equity ETF (NYSEARCA:AVDE) during the fourth quarter, Holdings Channel reports. The fund acquired 382,550 shares of the company’s stock, valued at approximately $23,477,000.

A number of other institutional investors and hedge funds have also recently modified their holdings of AVDE. Strategic Financial Concepts LLC boosted its holdings in shares of Avantis International Equity ETF by 7,432.5% during the fourth quarter. Strategic Financial Concepts LLC now owns 6,117,174 shares of the company’s stock worth $375,411,000 after purchasing an additional 6,035,964 shares during the period. Life Planning Partners Inc boosted its holdings in shares of Avantis International Equity ETF by 6,282.9% during the fourth quarter. Life Planning Partners Inc now owns 931,655 shares of the company’s stock worth $57,000 after purchasing an additional 917,059 shares during the period. Gradient Investments LLC purchased a new stake in shares of Avantis International Equity ETF during the fourth quarter worth about $42,426,000. Executive Wealth Management LLC purchased a new stake in shares of Avantis International Equity ETF during the third quarter worth about $26,196,000. Finally, Yardley Wealth Management LLC purchased a new stake in shares of Avantis International Equity ETF during the third quarter worth about $21,852,000.

Avantis International Equity ETF Trading Up 0.1 %

Avantis International Equity ETF stock opened at $65.60 on Friday. The firm has a 50-day moving average of $63.43 and a 200-day moving average of $64.24. The firm has a market cap of $5.79 billion, a P/E ratio of 15.30 and a beta of 0.92. Avantis International Equity ETF has a 1-year low of $59.02 and a 1-year high of $67.83.

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.