Proathlete Wealth Management LLC Increases Stake in Avantis International Equity ETF (NYSEARCA:AVDE)

Proathlete Wealth Management LLC grew its stake in Avantis International Equity ETF (NYSEARCA:AVDE) by 15.8% during the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 49,627 shares of the company’s stock after purchasing an additional 6,775 shares during the period. Avantis International Equity ETF comprises approximately 1.4% of Proathlete Wealth Management LLC’s investment portfolio, making the stock its 16th largest holding. Proathlete Wealth Management LLC’s holdings in Avantis International Equity ETF were worth $3,326,000 at the end of the most recent reporting period.

Other institutional investors have also recently made changes to their positions in the company. LRI Investments LLC purchased a new stake in shares of Avantis International Equity ETF during the first quarter worth about $70,000. NBC Securities Inc. raised its holdings in shares of Avantis International Equity ETF by 17.6% during the third quarter. NBC Securities Inc. now owns 1,471 shares of the company’s stock valued at $98,000 after acquiring an additional 220 shares during the last quarter. O Shaughnessy Asset Management LLC purchased a new position in shares of Avantis International Equity ETF in the first quarter valued at approximately $192,000. Accel Wealth Management purchased a new stake in shares of Avantis International Equity ETF during the first quarter worth approximately $207,000. Finally, Sanctuary Advisors LLC acquired a new position in Avantis International Equity ETF in the 2nd quarter valued at $214,000.

Avantis International Equity ETF Trading Up 0.6 %

Shares of NYSEARCA AVDE opened at $65.92 on Friday. The stock has a market cap of $4.56 billion, a PE ratio of 11.74 and a beta of 0.82. Avantis International Equity ETF has a 12-month low of $52.86 and a 12-month high of $67.83. The company has a 50-day moving average of $65.44 and a 200 day moving average of $64.10.

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.