Vista Capital Partners Inc. Reduces Position in Avantis International Equity ETF (NYSEARCA:AVDE)

Vista Capital Partners Inc. cut its holdings in shares of Avantis International Equity ETF (NYSEARCA:AVDE) by 9.2% during the 4th quarter, Holdings Channel.com reports. The firm owned 7,207 shares of the company’s stock after selling 727 shares during the quarter. Vista Capital Partners Inc.’s holdings in Avantis International Equity ETF were worth $442,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors have also added to or reduced their stakes in AVDE. Strategic Financial Concepts LLC lifted its holdings 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 during the last quarter. Life Planning Partners Inc lifted its holdings in shares of Avantis International Equity ETF by 6,282.9% in the fourth quarter. Life Planning Partners Inc now owns 931,655 shares of the company’s stock worth $57,000 after buying an additional 917,059 shares in the last quarter. Gradient Investments LLC purchased a new stake in shares of Avantis International Equity ETF in the fourth quarter worth about $42,426,000. Executive Wealth Management LLC bought a new position in shares of Avantis International Equity ETF in the third quarter worth approximately $26,196,000. Finally, Yardley Wealth Management LLC bought a new position in shares of Avantis International Equity ETF in the third quarter worth approximately $21,852,000.

Avantis International Equity ETF Trading Up 0.7 %

AVDE stock opened at $66.36 on Wednesday. The company’s 50 day moving average is $62.93 and its 200 day moving average is $64.00. The stock has a market cap of $4.59 billion, a price-to-earnings ratio of 11.74 and a beta of 0.82. Avantis International Equity ETF has a 1-year low of $59.02 and a 1-year high of $67.83.

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.