HB Wealth Management LLC Has $137.95 Million Stock Position in Avantis International Equity ETF $AVDE

HB Wealth Management LLC reduced its position in shares of Avantis International Equity ETF (NYSEARCA:AVDE) by 0.5% during the fourth quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 1,675,774 shares of the company’s stock after selling 9,082 shares during the quarter. Avantis International Equity ETF comprises about 0.9% of HB Wealth Management LLC’s portfolio, making the stock its 19th biggest position. HB Wealth Management LLC owned approximately 1.14% of Avantis International Equity ETF worth $137,950,000 at the end of the most recent reporting period.

Several other hedge funds have also bought and sold shares of the business. Proathlete Wealth Management LLC grew its position in Avantis International Equity ETF by 6.4% in the 4th quarter. Proathlete Wealth Management LLC now owns 79,624 shares of the company’s stock valued at $6,568,000 after purchasing an additional 4,792 shares during the period. Global Trust Wealth Management LLC acquired a new stake in Avantis International Equity ETF in the 4th quarter valued at $436,000. Trademark Financial Management LLC grew its position in Avantis International Equity ETF by 2.2% in the 4th quarter. Trademark Financial Management LLC now owns 13,742 shares of the company’s stock valued at $1,131,000 after purchasing an additional 300 shares during the period. Financial Plan Inc. acquired a new stake in Avantis International Equity ETF in the 4th quarter valued at $93,451,000. Finally, Novem Group acquired a new stake in Avantis International Equity ETF in the 4th quarter valued at $4,870,000.

Avantis International Equity ETF Price Performance

AVDE opened at $89.22 on Thursday. Avantis International Equity ETF has a fifty-two week low of $67.04 and a fifty-two week high of $92.60. The firm has a market capitalization of $15.44 billion, a PE ratio of 14.71 and a beta of 0.80. The company’s 50-day moving average is $87.72 and its 200 day moving average is $84.16.

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.