MeadowBrook Investment Advisors LLC Acquires Shares of 1,697 Avantis International Equity ETF (NYSEARCA:AVDE)

MeadowBrook Investment Advisors LLC acquired a new stake in shares of Avantis International Equity ETF (NYSEARCA:AVDE) in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund acquired 1,697 shares of the company’s stock, valued at approximately $104,000.

Several other institutional investors have also added to or reduced their stakes in the company. Strategic Financial Concepts LLC raised its position in Avantis International Equity ETF by 7,432.5% during the fourth quarter. Strategic Financial Concepts LLC now owns 6,117,174 shares of the company’s stock valued at $375,411,000 after purchasing an additional 6,035,964 shares in the last quarter. Wealth Enhancement Advisory Services LLC increased its holdings in shares of Avantis International Equity ETF by 4.8% during the third quarter. Wealth Enhancement Advisory Services LLC now owns 4,553,222 shares of the company’s stock worth $305,202,000 after buying an additional 207,282 shares in the last quarter. Rockwood Wealth Management LLC increased its holdings in shares of Avantis International Equity ETF by 7.3% during the fourth quarter. Rockwood Wealth Management LLC now owns 2,657,033 shares of the company’s stock worth $162,903,000 after buying an additional 181,222 shares in the last quarter. HighTower Advisors LLC increased its holdings in shares of Avantis International Equity ETF by 2.1% during the third quarter. HighTower Advisors LLC now owns 2,408,414 shares of the company’s stock worth $161,433,000 after buying an additional 48,936 shares in the last quarter. Finally, LPL Financial LLC increased its holdings in shares of Avantis International Equity ETF by 21.5% during the third quarter. LPL Financial LLC now owns 1,356,991 shares of the company’s stock worth $90,959,000 after buying an additional 240,463 shares in the last quarter.

Avantis International Equity ETF Stock Performance

Shares of NYSEARCA:AVDE opened at $65.00 on Wednesday. The company has a fifty day moving average of $62.81 and a 200-day moving average of $63.90. The company has a market capitalization of $4.50 billion, a PE ratio of 11.74 and a beta of 0.82. Avantis International Equity ETF has a 52-week low of $58.59 and a 52-week 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.