Payne Capital LLC Acquires New Position in Avantis International Equity ETF $AVDE

Payne Capital LLC bought a new position in shares of Avantis International Equity ETF (NYSEARCA:AVDE) during the 3rd quarter, Holdings Channel.com reports. The fund bought 30,134 shares of the company’s stock, valued at approximately $2,378,000. Avantis International Equity ETF accounts for 2.4% of Payne Capital LLC’s holdings, making the stock its 15th largest holding.

Several other hedge funds have also modified their holdings of AVDE. BWM Planning LLC raised its holdings in shares of Avantis International Equity ETF by 58.7% in the second quarter. BWM Planning LLC now owns 262,780 shares of the company’s stock worth $19,448,000 after acquiring an additional 97,229 shares during the last quarter. Assetmark Inc. lifted its stake in shares of Avantis International Equity ETF by 433.2% during the second quarter. Assetmark Inc. now owns 997 shares of the company’s stock valued at $74,000 after buying an additional 810 shares during the period. Great Point Wealth Advisors LLC purchased a new position in shares of Avantis International Equity ETF during the third quarter valued at approximately $6,500,000. Cerity Partners LLC boosted its position in Avantis International Equity ETF by 5.2% during the second quarter. Cerity Partners LLC now owns 691,229 shares of the company’s stock worth $51,158,000 after acquiring an additional 33,920 shares during the last quarter. Finally, Gradient Investments LLC grew its stake in Avantis International Equity ETF by 9.1% in the 3rd quarter. Gradient Investments LLC now owns 1,314,112 shares of the company’s stock worth $103,683,000 after acquiring an additional 109,854 shares during the period.

Avantis International Equity ETF Stock Performance

Shares of AVDE opened at $87.89 on Wednesday. Avantis International Equity ETF has a fifty-two week low of $58.56 and a fifty-two week high of $88.86. The company has a market capitalization of $13.08 billion, a PE ratio of 14.71 and a beta of 0.84. The stock has a fifty day moving average of $83.57 and a two-hundred day moving average of $79.86.

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.