Riverchase Wealth Management LLC Invests $436,000 in Avantis International Equity ETF (NYSEARCA:AVDE)

Riverchase Wealth Management LLC acquired a new stake in Avantis International Equity ETF (NYSEARCA:AVDE) during the fourth quarter, Holdings Channel.com reports. The fund acquired 7,108 shares of the company’s stock, valued at approximately $436,000.

A number of other institutional investors also recently modified their holdings of AVDE. Strategic Financial Concepts LLC increased its stake in shares of Avantis International Equity ETF by 7,432.5% in the fourth quarter. Strategic Financial Concepts LLC now owns 6,117,174 shares of the company’s stock valued at $375,411,000 after buying an additional 6,035,964 shares during the period. Corient Private Wealth LLC increased its position in Avantis International Equity ETF by 15.4% in the 4th quarter. Corient Private Wealth LLC now owns 3,384,651 shares of the company’s stock valued at $207,716,000 after acquiring an additional 450,656 shares during the period. Rockwood Wealth Management LLC increased its position in 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 acquiring an additional 181,222 shares during the period. HighTower Advisors LLC raised its stake in shares of 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 valued at $150,081,000 after acquiring an additional 37,094 shares during the last quarter. Finally, American Century Companies Inc. lifted its holdings in shares of 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 purchasing an additional 517,942 shares during the period.

Avantis International Equity ETF Stock Up 0.2 %

Shares of NYSEARCA AVDE opened at $67.43 on Friday. The company has a market capitalization of $6.06 billion, a PE ratio of 14.81 and a beta of 0.91. The firm has a fifty day simple moving average of $65.66 and a 200 day simple moving average of $64.55. Avantis International Equity ETF has a twelve month low of $59.02 and a twelve month high of $68.81.

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.