Poinciana Advisors Group LLC Invests $1.31 Million in Avantis International Equity ETF (NYSEARCA:AVDE)

Poinciana Advisors Group LLC purchased a new position in shares of Avantis International Equity ETF (NYSEARCA:AVDE) during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund purchased 21,259 shares of the company’s stock, valued at approximately $1,305,000. Avantis International Equity ETF accounts for about 1.3% of Poinciana Advisors Group LLC’s portfolio, making the stock its 17th largest holding.

Other institutional investors have also modified their holdings of the company. Global Wealth Strategies & Associates purchased a new position in shares of Avantis International Equity ETF during the 4th quarter worth $32,000. Life Planning Partners Inc raised its holdings in shares of Avantis International Equity ETF by 6,282.9% during the 4th quarter. Life Planning Partners Inc now owns 931,655 shares of the company’s stock worth $57,000 after acquiring an additional 917,059 shares during the period. Your Advocates Ltd. LLP purchased a new position in shares of Avantis International Equity ETF during the 4th quarter worth $63,000. Comprehensive Financial Planning Inc. PA purchased a new position in shares of Avantis International Equity ETF during the 4th quarter worth $71,000. Finally, MeadowBrook Investment Advisors LLC purchased a new position in shares of Avantis International Equity ETF during the 4th quarter worth $104,000.

Avantis International Equity ETF Stock Up 1.9 %

NYSEARCA AVDE opened at $67.46 on Friday. Avantis International Equity ETF has a 52 week low of $59.02 and a 52 week high of $67.94. The business’s fifty day simple moving average is $64.50 and its 200-day simple moving average is $64.38. The firm has a market cap of $5.95 billion, a PE ratio of 15.30 and a beta of 0.92.

About Avantis International Equity ETF

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.