IAM Advisory LLC Has $11.72 Million Stock Holdings in Avantis International Equity ETF (NYSEARCA:AVDE)

IAM Advisory LLC lowered its stake in Avantis International Equity ETF (NYSEARCA:AVDE) by 1.4% during the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 190,988 shares of the company’s stock after selling 2,666 shares during the quarter. Avantis International Equity ETF comprises 3.0% of IAM Advisory LLC’s portfolio, making the stock its 8th biggest holding. IAM Advisory LLC owned 0.28% of Avantis International Equity ETF worth $11,721,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in AVDE. Silver Lake Advisory LLC bought a new position in shares of Avantis International Equity ETF in the second quarter worth about $2,009,000. Global Retirement Partners LLC grew its holdings in Avantis International Equity ETF by 39.3% during the 3rd quarter. Global Retirement Partners LLC now owns 9,944 shares of the company’s stock valued at $667,000 after buying an additional 2,803 shares in the last quarter. Gateway Wealth Partners LLC grew its holdings in shares of Avantis International Equity ETF by 28.3% in the second quarter. Gateway Wealth Partners LLC now owns 125,681 shares of the company’s stock valued at $7,825,000 after purchasing an additional 27,728 shares in the last quarter. Magnolia Capital Advisors LLC purchased a new stake in shares of Avantis International Equity ETF during the 2nd quarter valued at about $27,515,000. Finally, Annandale Capital LLC lifted its stake in shares of Avantis International Equity ETF by 35.3% in the 2nd quarter. Annandale Capital LLC now owns 99,654 shares of the company’s stock valued at $6,204,000 after purchasing an additional 25,996 shares during the last quarter.

Avantis International Equity ETF Stock Up 0.5 %

AVDE stock opened at $62.15 on Friday. The stock has a market capitalization of $4.30 billion, a price-to-earnings 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 firm’s fifty day simple moving average is $62.63 and its two-hundred 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.