ORBA Wealth Advisors L.L.C. Increases Stock Position in Avantis International Equity ETF $AVDE

ORBA Wealth Advisors L.L.C. lifted its stake in Avantis International Equity ETF (NYSEARCA:AVDE) by 21.1% in the third quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 39,529 shares of the company’s stock after acquiring an additional 6,889 shares during the quarter. Avantis International Equity ETF accounts for about 2.6% of ORBA Wealth Advisors L.L.C.’s investment portfolio, making the stock its 11th largest holding. ORBA Wealth Advisors L.L.C.’s holdings in Avantis International Equity ETF were worth $3,119,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Impact Partnership Wealth LLC purchased a new stake in Avantis International Equity ETF in the third quarter worth approximately $232,000. Foundations Investment Advisors LLC raised its stake in Avantis International Equity ETF by 4.7% during the 3rd quarter. Foundations Investment Advisors LLC now owns 453,020 shares of the company’s stock valued at $35,743,000 after buying an additional 20,205 shares during the last quarter. AE Wealth Management LLC lifted its holdings in shares of Avantis International Equity ETF by 34.3% during the 3rd quarter. AE Wealth Management LLC now owns 48,018 shares of the company’s stock valued at $3,789,000 after buying an additional 12,273 shares during the period. Activest Wealth Management lifted its holdings in shares of Avantis International Equity ETF by 843.7% during the 3rd quarter. Activest Wealth Management now owns 80,445 shares of the company’s stock valued at $6,347,000 after buying an additional 71,921 shares during the period. Finally, JSF Financial LLC purchased a new position in shares of Avantis International Equity ETF in the 3rd quarter worth $29,646,000.

Avantis International Equity ETF Price Performance

Shares of AVDE opened at $86.89 on Friday. The firm has a market capitalization of $12.89 billion, a P/E ratio of 14.71 and a beta of 0.84. Avantis International Equity ETF has a one year low of $58.56 and a one year high of $88.86. The business has a fifty day moving average of $83.23 and a 200 day moving average of $79.58.

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.