Freedom Investment Management Inc. Lowers Stake in Avantis International Small Cap Equity ETF (NYSEARCA:AVDS)

Freedom Investment Management Inc. cut its position in Avantis International Small Cap Equity ETF (NYSEARCA:AVDS) by 7.1% in the fourth quarter, HoldingsChannel.com reports. The firm owned 269,967 shares of the company’s stock after selling 20,612 shares during the quarter. Avantis International Small Cap Equity ETF comprises about 1.2% of Freedom Investment Management Inc.’s investment portfolio, making the stock its 14th biggest holding. Freedom Investment Management Inc. owned approximately 0.84% of Avantis International Small Cap Equity ETF worth $13,992,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently modified their holdings of the company. Kelman Lazarov Inc. grew its holdings in Avantis International Small Cap Equity ETF by 47.9% during the 4th quarter. Kelman Lazarov Inc. now owns 30,700 shares of the company’s stock valued at $1,591,000 after buying an additional 9,946 shares in the last quarter. Hardin Capital Partners LLC boosted its position in shares of Avantis International Small Cap Equity ETF by 11.2% during the fourth quarter. Hardin Capital Partners LLC now owns 10,000 shares of the company’s stock valued at $518,000 after buying an additional 1,009 shares during the period. Ariadne Wealth Management LP boosted its holdings in Avantis International Small Cap Equity ETF by 18.9% during the 4th quarter. Ariadne Wealth Management LP now owns 50,970 shares of the company’s stock valued at $2,753,000 after acquiring an additional 8,091 shares during the period. American Century Companies Inc. grew its holdings in shares of Avantis International Small Cap Equity ETF by 8.1% in the fourth quarter. American Century Companies Inc. now owns 87,226 shares of the company’s stock worth $4,521,000 after purchasing an additional 6,542 shares during the last quarter. Finally, Envestnet Portfolio Solutions Inc. increased its position in shares of Avantis International Small Cap Equity ETF by 10.5% during the fourth quarter. Envestnet Portfolio Solutions Inc. now owns 5,586 shares of the company’s stock worth $290,000 after acquiring an additional 529 shares during the period.

Avantis International Small Cap Equity ETF Stock Up 1.2 %

Shares of NYSEARCA AVDS opened at $54.63 on Friday. Avantis International Small Cap Equity ETF has a twelve month low of $48.00 and a twelve month high of $56.67. The business has a fifty day simple moving average of $53.98 and a two-hundred day simple moving average of $53.46. The firm has a market cap of $80.85 million, a PE ratio of 12.15 and a beta of 0.86.

Avantis International Small Cap Equity ETF Profile

The Avantis International Small Cap Equity ETF (AVDS) is an exchange-traded fund that mostly invests in small-cap stocks. The fund seeks long-term capital appreciation through an actively managed portfolio of small-cap stocks outside the US. AVDS was launched on Jul 18, 2023 and is issued by American Century Investments.