Avantis International Equity ETF $AVDE Shares Purchased by Clear Point Advisors Inc.

Clear Point Advisors Inc. raised its position in Avantis International Equity ETF (NYSEARCA:AVDE) by 14.2% during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 20,376 shares of the company’s stock after purchasing an additional 2,532 shares during the quarter. Avantis International Equity ETF comprises 1.3% of Clear Point Advisors Inc.’s investment portfolio, making the stock its 18th biggest position. Clear Point Advisors Inc.’s holdings in Avantis International Equity ETF were worth $1,508,000 at the end of the most recent quarter.

Several other large investors have also recently made changes to their positions in the stock. Rockwood Wealth Management LLC lifted its holdings in shares of Avantis International Equity ETF by 7.1% in the 1st quarter. Rockwood Wealth Management LLC now owns 2,844,520 shares of the company’s stock worth $188,506,000 after acquiring an additional 187,487 shares during the last quarter. HighTower Advisors LLC raised its stake in Avantis International Equity ETF by 3.4% during the 1st quarter. HighTower Advisors LLC now owns 2,529,397 shares of the company’s stock worth $167,623,000 after acquiring an additional 83,889 shares in the last quarter. HB Wealth Management LLC grew its position in Avantis International Equity ETF by 27,747.4% during the 1st quarter. HB Wealth Management LLC now owns 2,007,800 shares of the company’s stock worth $133,057,000 after purchasing an additional 2,000,590 shares during the last quarter. Maseco LLP purchased a new position in Avantis International Equity ETF during the 2nd quarter worth $129,140,000. Finally, LPL Financial LLC lifted its stake in shares of Avantis International Equity ETF by 9.4% in the 1st quarter. LPL Financial LLC now owns 1,679,578 shares of the company’s stock worth $111,306,000 after acquiring an additional 144,363 shares during the period.

Avantis International Equity ETF Stock Up 0.8%

Shares of NYSEARCA AVDE opened at $78.31 on Friday. Avantis International Equity ETF has a 52 week low of $58.56 and a 52 week high of $79.13. The firm has a 50-day moving average price of $76.64 and a 200 day moving average price of $72.33. The stock has a market capitalization of $8.42 billion, a price-to-earnings ratio of 14.71 and a beta of 0.94.

About Avantis International Equity ETF

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.