Financial Plan Inc. Takes Position in Avantis International Equity ETF $AVDE

Financial Plan Inc. acquired a new stake in Avantis International Equity ETF (NYSEARCA:AVDE) during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 1,135,214 shares of the company’s stock, valued at approximately $93,451,000. Avantis International Equity ETF accounts for approximately 10.7% of Financial Plan Inc.’s investment portfolio, making the stock its 3rd largest position. Financial Plan Inc. owned approximately 0.78% of Avantis International Equity ETF at the end of the most recent quarter.

A number of other hedge funds have also modified their holdings of the company. Novem Group acquired a new position in shares of Avantis International Equity ETF in the fourth quarter valued at about $4,870,000. BLVD Private Wealth LLC increased its holdings in shares of Avantis International Equity ETF by 0.7% in the fourth quarter. BLVD Private Wealth LLC now owns 62,046 shares of the company’s stock valued at $5,108,000 after purchasing an additional 437 shares during the period. Retirement Income Solutions Inc. increased its holdings in shares of Avantis International Equity ETF by 88.5% in the fourth quarter. Retirement Income Solutions Inc. now owns 47,330 shares of the company’s stock valued at $3,896,000 after purchasing an additional 22,217 shares during the period. 55 North Private Wealth LLC acquired a new position in shares of Avantis International Equity ETF in the fourth quarter valued at about $25,144,000. Finally, Waterfront Wealth Inc. increased its holdings in shares of Avantis International Equity ETF by 5.8% in the fourth quarter. Waterfront Wealth Inc. now owns 60,772 shares of the company’s stock valued at $5,312,000 after purchasing an additional 3,335 shares during the period.

Avantis International Equity ETF Stock Performance

Shares of AVDE stock opened at $88.85 on Wednesday. The stock’s 50-day simple moving average is $87.77 and its 200-day simple moving average is $84.13. The firm has a market capitalization of $15.26 billion, a PE ratio of 14.71 and a beta of 0.80. Avantis International Equity ETF has a fifty-two week low of $66.77 and a fifty-two week high of $92.60.

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.