RW Investment Management LLC Makes New Investment in Avantis International Equity ETF (NYSEARCA:AVDE)

RW Investment Management LLC purchased a new position in Avantis International Equity ETF (NYSEARCA:AVDE) during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund purchased 6,589 shares of the company’s stock, valued at approximately $404,000.

Several other institutional investors and hedge funds have also bought and sold shares of AVDE. Global Wealth Strategies & Associates purchased a new position in Avantis International Equity ETF in the fourth quarter worth $32,000. Voisard Asset Management Group Inc. purchased a new stake in shares of Avantis International Equity ETF during the third quarter valued at $41,000. Life Planning Partners Inc grew its holdings in shares of Avantis International Equity ETF by 6,282.9% during the fourth quarter. Life Planning Partners Inc now owns 931,655 shares of the company’s stock valued at $57,000 after buying an additional 917,059 shares during the last quarter. Comprehensive Financial Planning Inc. PA purchased a new stake in shares of Avantis International Equity ETF during the fourth quarter valued at $71,000. Finally, MeadowBrook Investment Advisors LLC purchased a new stake in shares of Avantis International Equity ETF during the fourth quarter valued at $104,000.

Avantis International Equity ETF Price Performance

Shares of AVDE opened at $65.78 on Thursday. The firm has a market capitalization of $4.55 billion, a PE 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. The company’s fifty day moving average price is $62.95 and its 200-day moving average price is $64.01.

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.