Clune & Associates LTD. Takes Position in Avantis International Equity ETF (NYSEARCA:AVDE)

Clune & Associates LTD. acquired a new position in Avantis International Equity ETF (NYSEARCA:AVDE) during the fourth quarter, HoldingsChannel.com reports. The fund acquired 27,427 shares of the company’s stock, valued at approximately $1,683,000.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Strategic Financial Concepts LLC increased its stake in Avantis International Equity ETF by 7,432.5% during the 4th quarter. Strategic Financial Concepts LLC now owns 6,117,174 shares of the company’s stock valued at $375,411,000 after purchasing an additional 6,035,964 shares in the last quarter. Corient Private Wealth LLC increased its stake in shares of Avantis International Equity ETF by 15.4% in the fourth quarter. Corient Private Wealth LLC now owns 3,384,651 shares of the company’s stock worth $207,716,000 after acquiring an additional 450,656 shares during the period. Rockwood Wealth Management LLC boosted its holdings in Avantis International Equity ETF by 7.3% during the fourth quarter. Rockwood Wealth Management LLC now owns 2,657,033 shares of the company’s stock worth $162,903,000 after buying an additional 181,222 shares in the last quarter. HighTower Advisors LLC boosted its holdings in Avantis International Equity ETF by 1.5% during the fourth quarter. HighTower Advisors LLC now owns 2,445,508 shares of the company’s stock worth $150,081,000 after buying an additional 37,094 shares in the last quarter. Finally, American Century Companies Inc. boosted its holdings in Avantis International Equity ETF by 30.4% during the fourth quarter. American Century Companies Inc. now owns 2,219,381 shares of the company’s stock worth $136,203,000 after buying an additional 517,942 shares in the last quarter.

Avantis International Equity ETF Stock Down 0.7 %

AVDE opened at $67.58 on Monday. The company has a market cap of $6.08 billion, a price-to-earnings ratio of 14.81 and a beta of 0.91. Avantis International Equity ETF has a 52-week low of $59.02 and a 52-week high of $68.81. The firm’s fifty day simple moving average is $65.15 and its two-hundred day simple moving average is $64.45.

About Avantis International Equity ETF

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.