Elyxium Wealth LLC Makes New Investment in Avantis International Equity ETF $AVDE

Elyxium Wealth LLC bought a new position in shares of Avantis International Equity ETF (NYSEARCA:AVDE) during the fourth quarter, Holdings Channel reports. The institutional investor bought 92,162 shares of the company’s stock, valued at approximately $7,587,000. Avantis International Equity ETF accounts for 0.1% of Elyxium Wealth LLC’s portfolio, making the stock its 9th biggest holding.

A number of other institutional investors and hedge funds also recently modified their holdings of the business. Accredited Investors Inc. acquired a new stake in shares of Avantis International Equity ETF during the fourth quarter worth $323,000. Cambridge Investment Research Advisors Inc. raised its holdings in shares of Avantis International Equity ETF by 81.1% during the fourth quarter. Cambridge Investment Research Advisors Inc. now owns 374,424 shares of the company’s stock worth $30,823,000 after purchasing an additional 167,675 shares during the period. Cauble & Harre Wealth Management Inc. acquired a new stake in shares of Avantis International Equity ETF during the fourth quarter worth $2,277,000. USAdvisors Wealth Management LLC raised its holdings in shares of Avantis International Equity ETF by 9.7% during the fourth quarter. USAdvisors Wealth Management LLC now owns 16,927 shares of the company’s stock worth $1,393,000 after purchasing an additional 1,490 shares during the period. Finally, ORBA Wealth Advisors L.L.C. increased its holdings in shares of Avantis International Equity ETF by 18.3% in the 4th quarter. ORBA Wealth Advisors L.L.C. now owns 46,749 shares of the company’s stock worth $3,848,000 after acquiring an additional 7,220 shares during the period.

Avantis International Equity ETF Price Performance

AVDE stock opened at $89.40 on Monday. Avantis International Equity ETF has a fifty-two week low of $70.81 and a fifty-two week high of $92.60. The firm’s 50-day simple moving average is $87.44 and its 200 day simple moving average is $85.32. The stock has a market cap of $15.70 billion, a PE ratio of 14.71 and a beta of 0.78.

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.