Avantis International Equity ETF $AVDE Holdings Raised by Echo Wealth Management LLC

Echo Wealth Management LLC increased its position in Avantis International Equity ETF (NYSEARCA:AVDE) by 3.0% during the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 231,446 shares of the company’s stock after acquiring an additional 6,827 shares during the period. Avantis International Equity ETF makes up about 10.7% of Echo Wealth Management LLC’s investment portfolio, making the stock its 3rd biggest position. Echo Wealth Management LLC owned approximately 0.18% of Avantis International Equity ETF worth $18,261,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Maseco LLP acquired a new stake in Avantis International Equity ETF in the second quarter valued at $129,140,000. American Century Companies Inc. raised its stake in shares of Avantis International Equity ETF by 67.2% during the 2nd quarter. American Century Companies Inc. now owns 3,376,257 shares of the company’s stock worth $249,877,000 after buying an additional 1,357,155 shares during the last quarter. Jane Street Group LLC boosted its position in shares of Avantis International Equity ETF by 472.4% in the 1st quarter. Jane Street Group LLC now owns 850,000 shares of the company’s stock worth $56,330,000 after buying an additional 701,500 shares in the last quarter. Simplicity Wealth LLC boosted its position in shares of Avantis International Equity ETF by 110.6% in the 2nd quarter. Simplicity Wealth LLC now owns 821,790 shares of the company’s stock worth $60,821,000 after buying an additional 431,583 shares in the last quarter. Finally, Ameriprise Financial Inc. grew its stake in Avantis International Equity ETF by 63.9% in the 2nd quarter. Ameriprise Financial Inc. now owns 1,078,438 shares of the company’s stock valued at $79,800,000 after acquiring an additional 420,560 shares during the last quarter.

Avantis International Equity ETF Trading Up 1.1%

NYSEARCA:AVDE opened at $84.05 on Tuesday. The company has a market capitalization of $11.83 billion, a P/E ratio of 14.71 and a beta of 0.84. The firm has a 50-day moving average price of $80.79 and a two-hundred day moving average price of $78.05. Avantis International Equity ETF has a twelve month low of $58.56 and a twelve month high of $84.12.

Avantis International Equity ETF Company 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.