Acorn Creek Capital LLC Makes New $265,000 Investment in Avantis International Equity ETF (NYSEARCA:AVDE)

Acorn Creek Capital LLC bought a new stake in shares of Avantis International Equity ETF (NYSEARCA:AVDE) during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor bought 4,314 shares of the company’s stock, valued at approximately $265,000.

Several other hedge funds and other institutional investors have also recently modified their holdings of AVDE. Annex Advisory Services LLC grew its stake in Avantis International Equity ETF by 29.0% in the 3rd quarter. Annex Advisory Services LLC now owns 5,760,406 shares of the company’s stock worth $386,120,000 after acquiring an additional 1,295,471 shares in the last quarter. Gradient Investments LLC bought a new stake in shares of Avantis International Equity ETF in the 4th quarter valued at about $42,426,000. Executive Wealth Management LLC bought a new position in Avantis International Equity ETF in the third quarter worth approximately $26,196,000. Simplicity Wealth LLC lifted its stake in shares of Avantis International Equity ETF by 1,002.3% during the 3rd quarter. Simplicity Wealth LLC now owns 370,453 shares of the company’s stock worth $24,831,000 after purchasing an additional 336,845 shares during the last quarter. Finally, Yardley Wealth Management LLC purchased a new stake in shares of Avantis International Equity ETF during the third quarter valued at about $21,852,000.

Avantis International Equity ETF Stock Up 0.0 %

NYSEARCA:AVDE opened at $63.84 on Tuesday. The firm has a 50 day moving average of $62.64 and a 200 day moving average of $63.90. Avantis International Equity ETF has a 52 week low of $58.59 and a 52 week high of $67.83. The stock has a market capitalization of $4.42 billion, a price-to-earnings ratio of 11.74 and a beta of 0.82.

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.