Sax Wealth Advisors LLC Acquires New Stake in Avantis International Equity ETF (NYSEARCA:AVDE)

Sax Wealth Advisors LLC bought a new position in shares of Avantis International Equity ETF (NYSEARCA:AVDE) during the 4th quarter, HoldingsChannel reports. The institutional investor bought 92,796 shares of the company’s stock, valued at approximately $5,695,000.

A number of other hedge funds and other institutional investors also recently bought and sold shares of the company. Global Wealth Strategies & Associates acquired a new stake in shares of Avantis International Equity ETF during the fourth quarter worth about $32,000. Voisard Asset Management Group Inc. acquired a new position in shares of Avantis International Equity ETF in the third quarter valued at approximately $41,000. NBC Securities Inc. increased its stake in 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 during the period. Wilmington Savings Fund Society FSB acquired a new stake in Avantis International Equity ETF during the 3rd quarter worth approximately $106,000. Finally, EnRich Financial Partners LLC boosted its position in Avantis International Equity ETF by 17.4% in the 3rd quarter. EnRich Financial Partners LLC now owns 2,560 shares of the company’s stock valued at $172,000 after buying an additional 380 shares during the period.

Avantis International Equity ETF Trading Up 0.5 %

Avantis International Equity ETF stock opened at $62.15 on Friday. The firm has a market capitalization of $4.30 billion, a P/E ratio of 11.74 and a beta of 0.82. Avantis International Equity ETF has a twelve month low of $58.42 and a twelve month high of $67.83. The stock’s fifty day simple moving average is $62.67 and its 200-day simple moving average is $63.90.

Avantis International Equity ETF 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.