Gateway Wealth Partners LLC Increases Position in Avantis International Equity ETF $AVDE

Gateway Wealth Partners LLC increased its position in shares of Avantis International Equity ETF (NYSEARCA:AVDE) by 118.2% during the first quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 210,314 shares of the company’s stock after acquiring an additional 113,923 shares during the quarter. Avantis International Equity ETF makes up approximately 0.7% of Gateway Wealth Partners LLC’s holdings, making the stock its 28th biggest holding. Gateway Wealth Partners LLC owned approximately 0.12% of Avantis International Equity ETF worth $17,843,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also recently bought and sold shares of the company. Clearwater Capital Advisors LLC lifted its stake in shares of 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 purchasing an additional 132 shares during the period. New Dimensions Wealth Management LLC boosted its holdings in shares of Avantis International Equity ETF by 2.8% during the fourth quarter. New Dimensions Wealth Management LLC now owns 5,547 shares of the company’s stock worth $457,000 after purchasing an additional 151 shares during the last quarter. IFP Advisors Inc grew its position in shares of Avantis International Equity ETF by 10.6% in the third quarter. IFP Advisors Inc now owns 1,591 shares of the company’s stock valued at $126,000 after purchasing an additional 152 shares during the period. Baird Financial Group Inc. grew its position in shares of Avantis International Equity ETF by 2.4% in the second quarter. Baird Financial Group Inc. now owns 7,011 shares of the company’s stock valued at $519,000 after purchasing an additional 166 shares during the period. Finally, Team Financial Group LLC increased its stake in Avantis International Equity ETF by 184.5% in the first quarter. Team Financial Group LLC now owns 293 shares of the company’s stock valued at $25,000 after purchasing an additional 190 shares during the last quarter.

Avantis International Equity ETF Stock Performance

NYSEARCA AVDE opened at $89.81 on Monday. The business’s 50-day moving average price is $89.96 and its 200 day moving average price is $88.55. Avantis International Equity ETF has a twelve month low of $72.79 and a twelve month high of $92.60. The company has a market capitalization of $17.75 billion, a PE ratio of 14.71 and a beta of 0.78.

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.