ABLE Financial Group LLC Acquires 7,670 Shares of Avantis International Equity ETF $AVDE

ABLE Financial Group LLC grew its holdings in Avantis International Equity ETF (NYSEARCA:AVDE) by 7.9% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 104,255 shares of the company’s stock after purchasing an additional 7,670 shares during the period. Avantis International Equity ETF comprises about 1.7% of ABLE Financial Group LLC’s investment portfolio, making the stock its 17th biggest holding. ABLE Financial Group LLC owned 0.07% of Avantis International Equity ETF worth $8,582,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also modified their holdings of AVDE. Evolution Wealth Management Inc. bought a new stake in shares of Avantis International Equity ETF in the second quarter worth $32,000. Investment Research & Advisory Group Inc. bought a new stake in shares of Avantis International Equity ETF in the fourth quarter worth $48,000. US Bancorp DE bought a new stake in shares of Avantis International Equity ETF in the third quarter worth $47,000. Cullen Frost Bankers Inc. bought a new stake in Avantis International Equity ETF during the third quarter valued at about $64,000. Finally, Dogwood Wealth Management LLC grew its holdings in Avantis International Equity ETF by 746.4% during the third quarter. Dogwood Wealth Management LLC now owns 1,549 shares of the company’s stock valued at $122,000 after purchasing an additional 1,366 shares during the period.

Avantis International Equity ETF Stock Performance

NYSEARCA:AVDE opened at $89.45 on Monday. The stock has a 50-day simple moving average of $87.54 and a two-hundred day simple moving average of $83.57. Avantis International Equity ETF has a 52-week low of $62.93 and a 52-week high of $92.60. The firm has a market capitalization of $15.23 billion, a PE ratio of 14.71 and a beta of 0.80.

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.