Waverly Advisors LLC Acquires 219,039 Shares of Avantis International Equity ETF $AVDE

Waverly Advisors LLC grew its stake in Avantis International Equity ETF (NYSEARCA:AVDE) by 33.9% during the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 864,479 shares of the company’s stock after acquiring an additional 219,039 shares during the quarter. Waverly Advisors LLC owned about 0.49% of Avantis International Equity ETF worth $73,342,000 at the end of the most recent quarter.

Other large investors have also recently modified their holdings of the company. Bridgewater Advisors Inc. increased its position in Avantis International Equity ETF by 7.8% during the 1st quarter. Bridgewater Advisors Inc. now owns 551,646 shares of the company’s stock valued at $50,404,000 after buying an additional 39,906 shares in the last quarter. Renaissance Technologies LLC acquired a new stake in Avantis International Equity ETF during the 1st quarter valued at approximately $2,197,000. Hilltop Holdings Inc. purchased a new position in shares of Avantis International Equity ETF during the 1st quarter valued at about $831,000. JRM Investment Counsel LLC lifted its holdings in Avantis International Equity ETF by 7.8% in the first quarter. JRM Investment Counsel LLC now owns 256,291 shares of the company’s stock valued at $21,744,000 after acquiring an additional 18,524 shares during the period. Finally, Modern Wealth Management LLC lifted its stake in shares of Avantis International Equity ETF by 28.9% in the 1st quarter. Modern Wealth Management LLC now owns 809,026 shares of the company’s stock valued at $69,698,000 after purchasing an additional 181,565 shares during the period.

Avantis International Equity ETF Stock Performance

Shares of NYSEARCA AVDE opened at $89.81 on Friday. The company has a market capitalization of $17.75 billion, a PE ratio of 14.71 and a beta of 0.78. The company’s fifty day moving average price is $89.96 and its 200 day moving average price is $88.52. Avantis International Equity ETF has a 1 year low of $72.79 and a 1 year high of $92.60.

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.