Focus Partners Advisor Solutions LLC Decreases Holdings in Avantis International Equity ETF $AVDE

Focus Partners Advisor Solutions LLC trimmed its position in Avantis International Equity ETF (NYSEARCA:AVDE) by 50.8% in the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 130,848 shares of the company’s stock after selling 134,992 shares during the period. Focus Partners Advisor Solutions LLC owned approximately 0.10% of Avantis International Equity ETF worth $10,386,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in AVDE. Wealth Enhancement Advisory Services LLC raised its stake in Avantis International Equity ETF by 3.5% in the third quarter. Wealth Enhancement Advisory Services LLC now owns 4,895,332 shares of the company’s stock valued at $388,738,000 after buying an additional 167,127 shares during the last quarter. Envestnet Asset Management Inc. increased its holdings in shares of Avantis International Equity ETF by 140.6% during the third quarter. Envestnet Asset Management Inc. now owns 4,068,689 shares of the company’s stock valued at $321,020,000 after acquiring an additional 2,377,932 shares in the last quarter. Corient Private Wealth LLC raised its position in shares of Avantis International Equity ETF by 4.1% in the 2nd quarter. Corient Private Wealth LLC now owns 4,047,221 shares of the company’s stock valued at $299,535,000 after purchasing an additional 160,658 shares during the last quarter. American Century Companies Inc. boosted its stake in Avantis International Equity ETF by 8.8% in the 3rd quarter. American Century Companies Inc. now owns 3,671,927 shares of the company’s stock worth $289,715,000 after purchasing an additional 295,670 shares in the last quarter. Finally, Vantagepoint Investment Advisers LLC acquired a new stake in Avantis International Equity ETF in the 3rd quarter worth approximately $232,644,000.

Avantis International Equity ETF Trading Down 1.6%

Shares of Avantis International Equity ETF stock opened at $90.73 on Tuesday. The firm’s 50 day simple moving average is $87.11 and its two-hundred day simple moving average is $81.95. The firm has a market capitalization of $13.68 billion, a price-to-earnings ratio of 14.71 and a beta of 0.84. Avantis International Equity ETF has a 12-month low of $58.56 and a 12-month high of $92.60.

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.