Magnolia Capital Advisors LLC Sells 26,108 Shares of Avantis International Equity ETF $AVDE

Magnolia Capital Advisors LLC decreased its holdings in Avantis International Equity ETF (NYSEARCA:AVDE) by 34.9% in the third quarter, Holdings Channel.com reports. The institutional investor owned 48,722 shares of the company’s stock after selling 26,108 shares during the period. Magnolia Capital Advisors LLC’s holdings in Avantis International Equity ETF were worth $3,844,000 as of its most recent filing with the SEC.

Several other hedge funds and other institutional investors have also bought and sold shares of the stock. Glassman Wealth Services purchased a new stake in shares of Avantis International Equity ETF during the 2nd quarter valued at about $25,000. Evolution Wealth Management Inc. purchased a new position in shares of Avantis International Equity ETF during the second quarter valued at approximately $32,000. US Bancorp DE bought a new position in Avantis International Equity ETF during the third quarter valued at approximately $47,000. Nemes Rush Group LLC lifted its position in Avantis International Equity ETF by 30.4% during the second quarter. Nemes Rush Group LLC now owns 815 shares of the company’s stock valued at $60,000 after purchasing an additional 190 shares during the period. Finally, Cullen Frost Bankers Inc. purchased a new stake in Avantis International Equity ETF in the third quarter worth approximately $64,000.

Avantis International Equity ETF Trading Down 0.3%

NYSEARCA:AVDE opened at $86.48 on Thursday. Avantis International Equity ETF has a 12 month low of $58.56 and a 12 month high of $92.60. The company has a market cap of $13.04 billion, a PE ratio of 14.71 and a beta of 0.84. The company has a 50 day simple moving average of $87.72 and a two-hundred day simple moving average of $82.41.

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.