Avantis International Equity ETF $AVDE is Simplicity Wealth LLC’s 6th Largest Position

Simplicity Wealth LLC cut its position in Avantis International Equity ETF (NYSEARCA:AVDE) by 41.0% in the third quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 484,792 shares of the company’s stock after selling 336,998 shares during the quarter. Avantis International Equity ETF makes up approximately 2.2% of Simplicity Wealth LLC’s investment portfolio, making the stock its 6th largest holding. Simplicity Wealth LLC owned about 0.37% of Avantis International Equity ETF worth $38,250,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Royal Bank of Canada lifted its stake in shares of Avantis International Equity ETF by 123.9% during the first quarter. Royal Bank of Canada now owns 80,754 shares of the company’s stock worth $5,352,000 after buying an additional 44,683 shares during the period. Integrated Wealth Concepts LLC raised its position in Avantis International Equity ETF by 49.2% during the first quarter. Integrated Wealth Concepts LLC now owns 6,692 shares of the company’s stock worth $443,000 after acquiring an additional 2,206 shares during the period. Diversified Trust Co acquired a new stake in shares of Avantis International Equity ETF in the second quarter worth approximately $560,000. AdvisorNet Financial Inc grew its holdings in shares of Avantis International Equity ETF by 234.4% during the second quarter. AdvisorNet Financial Inc now owns 642 shares of the company’s stock worth $48,000 after buying an additional 450 shares in the last quarter. Finally, Fifth Third Bancorp grew its position in shares of Avantis International Equity ETF by 6.4% in the second quarter. Fifth Third Bancorp now owns 497,457 shares of the company’s stock valued at $36,817,000 after purchasing an additional 29,749 shares in the last quarter.

Avantis International Equity ETF Stock Up 1.1%

Shares of AVDE opened at $85.60 on Thursday. Avantis International Equity ETF has a 52-week low of $58.56 and a 52-week high of $85.83. The company has a market capitalization of $12.44 billion, a PE ratio of 14.71 and a beta of 0.84. The stock has a fifty day simple moving average of $82.05 and a two-hundred day simple moving average of $78.97.

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.