Level Financial Advisors Raises Stake in Avantis International Equity ETF (NYSEARCA:AVDE)

Level Financial Advisors lifted its stake in shares of Avantis International Equity ETF (NYSEARCA:AVDE) by 23.6% during the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 22,652 shares of the company’s stock after acquiring an additional 4,332 shares during the period. Level Financial Advisors’ holdings in Avantis International Equity ETF were worth $1,390,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors and hedge funds have also recently modified their holdings of the company. Foundations Investment Advisors LLC boosted its holdings in Avantis International Equity ETF by 11.9% in the 4th quarter. Foundations Investment Advisors LLC now owns 402,810 shares of the company’s stock valued at $24,720,000 after purchasing an additional 42,745 shares during the last quarter. Valued Wealth Advisors LLC increased its stake in Avantis International Equity ETF by 1.5% during the fourth quarter. Valued Wealth Advisors LLC now owns 52,585 shares of the company’s stock worth $3,227,000 after acquiring an additional 791 shares during the last quarter. McLean Asset Management Corp raised its position in Avantis International Equity ETF by 32.4% in the fourth quarter. McLean Asset Management Corp now owns 123,630 shares of the company’s stock valued at $7,587,000 after purchasing an additional 30,278 shares during the period. Kavar Capital Partners Group LLC purchased a new position in shares of Avantis International Equity ETF during the 4th quarter worth $784,000. Finally, PFG Investments LLC increased its position in shares of Avantis International Equity ETF by 12.4% during the 4th quarter. PFG Investments LLC now owns 5,944 shares of the company’s stock worth $365,000 after purchasing an additional 657 shares during the last quarter.

Avantis International Equity ETF Price Performance

NYSEARCA AVDE opened at $63.84 on Tuesday. The stock has a market capitalization of $4.42 billion, a P/E ratio of 11.74 and a beta of 0.82. The firm’s 50-day moving average is $62.64 and its two-hundred day moving average is $63.90. Avantis International Equity ETF has a 12 month low of $58.59 and a 12 month high of $67.83.

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.