15,500 Shares of Avantis International Equity ETF $AVDE Acquired by Sowell Financial Services LLC

Sowell Financial Services LLC purchased a new stake in Avantis International Equity ETF (NYSEARCA:AVDE) during the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund purchased 15,500 shares of the company’s stock, valued at approximately $1,397,000.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Team Financial Group LLC lifted its stake in shares of Avantis International Equity ETF by 184.5% in the first quarter. Team Financial Group LLC now owns 293 shares of the company’s stock worth $25,000 after acquiring an additional 190 shares during the period. TD Waterhouse Canada Inc. acquired a new stake in Avantis International Equity ETF during the 3rd quarter valued at approximately $27,000. Angeles Wealth Management LLC raised its holdings in Avantis International Equity ETF by 470.6% during the 2nd quarter. Angeles Wealth Management LLC now owns 485 shares of the company’s stock worth $43,000 after purchasing an additional 400 shares during the last quarter. Abound Wealth Management bought a new position in Avantis International Equity ETF during the 2nd quarter worth approximately $44,000. Finally, Western Wealth Management LLC bought a new position in Avantis International Equity ETF during the 1st quarter worth approximately $42,000.

Avantis International Equity ETF Stock Performance

Shares of NYSEARCA AVDE opened at $89.11 on Friday. The company’s 50 day moving average price is $91.42 and its 200-day moving average price is $89.75. Avantis International Equity ETF has a 52-week low of $77.20 and a 52-week high of $94.82. The company has a market capitalization of $19.41 billion, a P/E ratio of 14.71 and a beta of 0.79.

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.