Pacific Life Fund Advisors LLC Raises Position in Avantis International Equity ETF (NYSEARCA:AVDE)

Pacific Life Fund Advisors LLC grew its holdings in Avantis International Equity ETF (NYSEARCA:AVDE) by 2.0% during the 4th quarter, according to the company in its most recent filing with the SEC. The fund owned 670,654 shares of the company’s stock after purchasing an additional 13,062 shares during the period. Avantis International Equity ETF makes up about 4.1% of Pacific Life Fund Advisors LLC’s portfolio, making the stock its 8th biggest position. Pacific Life Fund Advisors LLC owned about 1.24% of Avantis International Equity ETF worth $40,528,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently modified their holdings of the company. NBC Securities Inc. bought a new stake in Avantis International Equity ETF during the 4th quarter worth $64,000. WealthShield Partners LLC grew its position in Avantis International Equity ETF by 500.0% during the 4th quarter. WealthShield Partners LLC now owns 2,400 shares of the company’s stock worth $145,000 after acquiring an additional 2,000 shares during the last quarter. Sound Income Strategies LLC bought a new stake in Avantis International Equity ETF during the 4th quarter worth $163,000. Axxcess Wealth Management LLC bought a new stake in Avantis International Equity ETF during the 4th quarter worth $204,000. Finally, Mather Group LLC. bought a new stake in Avantis International Equity ETF during the 4th quarter worth $225,000.

Avantis International Equity ETF Price Performance

AVDE stock traded up $0.53 during midday trading on Friday, reaching $64.72. 125,991 shares of the stock were exchanged, compared to its average volume of 238,065. The stock has a market capitalization of $4.48 billion, a PE ratio of 11.74 and a beta of 0.82. Avantis International Equity ETF has a 52 week low of $52.86 and a 52 week high of $65.47. The company has a fifty day moving average price of $63.28 and a 200 day moving average price of $60.87.

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.