Avantis International Equity ETF (NYSEARCA:AVDE) Shares Bought by Ariadne Wealth Management LP

Ariadne Wealth Management LP lifted its position in shares of Avantis International Equity ETF (NYSEARCA:AVDE) by 9.3% during the 4th quarter, Holdings Channel.com reports. The fund owned 90,859 shares of the company’s stock after buying an additional 7,741 shares during the period. Avantis International Equity ETF makes up 2.7% of Ariadne Wealth Management LP’s holdings, making the stock its 7th largest holding. Ariadne Wealth Management LP’s holdings in Avantis International Equity ETF were worth $5,879,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds have also made changes to their positions in the company. WorthPointe LLC raised its position in shares of Avantis International Equity ETF by 7.9% in the fourth quarter. WorthPointe LLC now owns 161,895 shares of the company’s stock valued at $9,936,000 after buying an additional 11,903 shares during the last quarter. Prospect Financial Group LLC acquired a new stake in shares of Avantis International Equity ETF in the fourth quarter worth $2,308,000. Modern Wealth Management LLC acquired a new stake in shares of Avantis International Equity ETF in the fourth quarter worth $375,000. Clune & Associates LTD. purchased a new position in shares of Avantis International Equity ETF in the 4th quarter valued at $1,683,000. Finally, LPL Financial LLC lifted its holdings in shares of Avantis International Equity ETF by 13.1% during the 4th quarter. LPL Financial LLC now owns 1,535,215 shares of the company’s stock valued at $94,216,000 after acquiring an additional 178,224 shares in the last quarter.

Avantis International Equity ETF Trading Up 0.2 %

Shares of NYSEARCA AVDE opened at $67.74 on Tuesday. The stock has a fifty day moving average price of $65.29 and a 200 day moving average price of $64.47. The company has a market cap of $6.09 billion, a P/E ratio of 14.81 and a beta of 0.91. Avantis International Equity ETF has a 12-month low of $59.02 and a 12-month high of $68.81.

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.