Global Wealth Strategies & Associates Makes New Investment in Avantis International Equity ETF (NYSEARCA:AVDE)

Global Wealth Strategies & Associates bought a new position in shares of Avantis International Equity ETF (NYSEARCA:AVDE) during the fourth quarter, HoldingsChannel reports. The institutional investor bought 525 shares of the company’s stock, valued at approximately $32,000.

Several other institutional investors and hedge funds have also recently modified their holdings of the stock. Voisard Asset Management Group Inc. bought a new position in Avantis International Equity ETF in the third quarter worth approximately $41,000. NBC Securities Inc. grew its position in shares of Avantis International Equity ETF by 17.6% during the 3rd quarter. NBC Securities Inc. now owns 1,471 shares of the company’s stock worth $98,000 after buying an additional 220 shares in the last quarter. Wilmington Savings Fund Society FSB purchased a new position in shares of Avantis International Equity ETF during the third quarter valued at $106,000. EnRich Financial Partners LLC raised its holdings in shares of Avantis International Equity ETF by 17.4% in the third quarter. EnRich Financial Partners LLC now owns 2,560 shares of the company’s stock valued at $172,000 after acquiring an additional 380 shares in the last quarter. Finally, Sanctuary Advisors LLC purchased a new stake in Avantis International Equity ETF in the second quarter worth about $214,000.

Avantis International Equity ETF Stock Performance

Avantis International Equity ETF stock traded down $0.18 during midday trading on Thursday, hitting $61.19. 185,998 shares of the company’s stock were exchanged, compared to its average volume of 267,850. The company has a market cap of $4.23 billion, a PE ratio of 11.74 and a beta of 0.82. The firm has a 50-day moving average of $63.29 and a two-hundred day moving average of $64.01. Avantis International Equity ETF has a 12 month low of $57.97 and a 12 month high of $67.83.

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.