Avantax Advisory Services Inc. Takes Position in Avantis International Equity ETF (NYSEARCA:AVDE)

Avantax Advisory Services Inc. purchased a new stake in shares of Avantis International Equity ETF (NYSEARCA:AVDE) during the first quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor purchased 3,087 shares of the company’s stock, valued at approximately $205,000.

A number of other institutional investors have also recently made changes to their positions in AVDE. JFS Wealth Advisors LLC purchased a new position in shares of Avantis International Equity ETF during the 1st quarter valued at $72,000. Park Square Financial Group LLC purchased a new stake in Avantis International Equity ETF during the 4th quarter worth about $77,000. NBC Securities Inc. lifted its holdings in Avantis International Equity ETF by 134,500.0% during the 1st quarter. NBC Securities Inc. now owns 1,346 shares of the company’s stock worth $89,000 after purchasing an additional 1,345 shares in the last quarter. North Capital Inc. purchased a new stake in Avantis International Equity ETF during the 1st quarter worth about $93,000. Finally, EP Wealth Advisors LLC purchased a new stake in Avantis International Equity ETF during the 4th quarter worth about $110,000.

Avantis International Equity ETF Stock Performance

Shares of AVDE opened at $75.82 on Friday. The stock’s 50-day simple moving average is $73.95 and its 200 day simple moving average is $69.38. The stock has a market capitalization of $8.15 billion, a price-to-earnings ratio of 14.71 and a beta of 0.94. Avantis International Equity ETF has a 52-week low of $58.56 and a 52-week high of $76.20.

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.