Financial Enhancement Group LLC Has $29.75 Million Stake in Avantis International Equity ETF $AVDE

Financial Enhancement Group LLC increased its stake in Avantis International Equity ETF (NYSEARCA:AVDE) by 5.4% in the first quarter, Holdings Channel reports. The institutional investor owned 326,601 shares of the company’s stock after acquiring an additional 16,778 shares during the quarter. Avantis International Equity ETF accounts for about 3.7% of Financial Enhancement Group LLC’s portfolio, making the stock its 3rd largest position. Financial Enhancement Group LLC’s holdings in Avantis International Equity ETF were worth $29,747,000 as of its most recent SEC filing.

Other institutional investors have also recently added to or reduced their stakes in the company. Clearwater Capital Advisors LLC grew its holdings in Avantis International Equity ETF by 0.6% during the 4th quarter. Clearwater Capital Advisors LLC now owns 22,552 shares of the company’s stock worth $1,856,000 after acquiring an additional 132 shares in the last quarter. New Dimensions Wealth Management LLC raised its stake in shares of Avantis International Equity ETF by 2.8% in the 4th quarter. New Dimensions Wealth Management LLC now owns 5,547 shares of the company’s stock valued at $457,000 after purchasing an additional 151 shares in the last quarter. IFP Advisors Inc lifted its position in shares of Avantis International Equity ETF by 10.6% during the third quarter. IFP Advisors Inc now owns 1,591 shares of the company’s stock worth $126,000 after purchasing an additional 152 shares during the last quarter. Baird Financial Group Inc. lifted its position in shares of Avantis International Equity ETF by 2.4% during the second quarter. Baird Financial Group Inc. now owns 7,011 shares of the company’s stock worth $519,000 after purchasing an additional 166 shares during the last quarter. Finally, KKM Financial LLC grew its stake in Avantis International Equity ETF by 2.5% in the third quarter. KKM Financial LLC now owns 7,020 shares of the company’s stock worth $554,000 after purchasing an additional 172 shares in the last quarter.

Avantis International Equity ETF Stock Performance

NYSEARCA:AVDE opened at $88.48 on Thursday. The company has a market capitalization of $15.54 billion, a price-to-earnings ratio of 14.71 and a beta of 0.77. Avantis International Equity ETF has a one year low of $72.13 and a one year high of $92.60. The stock has a 50-day simple moving average of $90.11 and a 200 day simple moving average of $87.40.

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.