Avantis International Equity ETF (NYSEARCA:AVDE) Shares Sold by Werba Rubin Papier Wealth Management

Werba Rubin Papier Wealth Management reduced its holdings in Avantis International Equity ETF (NYSEARCA:AVDE) by 4.3% during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 701,643 shares of the company’s stock after selling 31,561 shares during the period. Avantis International Equity ETF comprises 12.1% of Werba Rubin Papier Wealth Management’s holdings, making the stock its 2nd biggest position. Werba Rubin Papier Wealth Management owned about 1.01% of Avantis International Equity ETF worth $43,684,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently made changes to their positions in the company. Strategic Financial Concepts LLC raised its position in Avantis International Equity ETF by 7,831.7% during the second quarter. Strategic Financial Concepts LLC now owns 4,744,841 shares of the company’s stock valued at $295,414,000 after acquiring an additional 4,685,020 shares in the last quarter. Annex Advisory Services LLC grew its stake in shares of Avantis International Equity ETF by 115.1% during the 2nd quarter. Annex Advisory Services LLC now owns 4,464,935 shares of the company’s stock worth $277,987,000 after purchasing an additional 2,389,558 shares during the period. Wealth Enhancement Advisory Services LLC increased its holdings in shares of Avantis International Equity ETF by 5.7% during the 2nd quarter. Wealth Enhancement Advisory Services LLC now owns 4,345,940 shares of the company’s stock valued at $270,578,000 after purchasing an additional 236,019 shares in the last quarter. Rockwood Wealth Management LLC increased its holdings in shares of Avantis International Equity ETF by 8.2% during the 2nd quarter. Rockwood Wealth Management LLC now owns 2,305,967 shares of the company’s stock valued at $143,570,000 after purchasing an additional 174,960 shares in the last quarter. Finally, WMS Partners LLC lifted its stake in shares of Avantis International Equity ETF by 3.6% in the 1st quarter. WMS Partners LLC now owns 1,728,586 shares of the company’s stock valued at $110,180,000 after purchasing an additional 59,930 shares during the period.

Avantis International Equity ETF Price Performance

AVDE stock traded down $1.15 during midday trading on Friday, hitting $63.68. 307,440 shares of the stock traded hands, compared to its average volume of 256,659. Avantis International Equity ETF has a 1-year low of $52.86 and a 1-year high of $66.28. The stock’s fifty day simple moving average is $63.79 and its 200-day simple moving average is $63.39. The firm has a market cap of $4.41 billion, a P/E ratio of 11.74 and a beta of 0.82.

Avantis International Equity ETF Company 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.