Avantis International Equity ETF $AVDE Stake Boosted by Henrickson Nauta Wealth Advisors Inc.

Henrickson Nauta Wealth Advisors Inc. increased its stake in shares of Avantis International Equity ETF (NYSEARCA:AVDE) by 100.1% in the fourth quarter, HoldingsChannel.com reports. The institutional investor owned 466,866 shares of the company’s stock after buying an additional 233,510 shares during the quarter. Avantis International Equity ETF makes up about 5.8% of Henrickson Nauta Wealth Advisors Inc.’s portfolio, making the stock its 5th largest position. Henrickson Nauta Wealth Advisors Inc.’s holdings in Avantis International Equity ETF were worth $39,305,000 at the end of the most recent quarter.

Several other hedge funds have also added to or reduced their stakes in AVDE. Evolution Wealth Management Inc. purchased a new position in Avantis International Equity ETF in the second quarter valued at about $32,000. US Bancorp DE purchased a new stake in shares of Avantis International Equity ETF during the 3rd quarter worth approximately $47,000. Nemes Rush Group LLC increased its position in Avantis International Equity ETF by 30.4% in the second quarter. Nemes Rush Group LLC now owns 815 shares of the company’s stock worth $60,000 after buying an additional 190 shares during the last quarter. Cullen Frost Bankers Inc. purchased a new stake in Avantis International Equity ETF in the 3rd quarter worth about $64,000. Finally, Bank of Montreal Can raised its stake in Avantis International Equity ETF by 6,048.0% in the 2nd quarter. Bank of Montreal Can now owns 1,537 shares of the company’s stock valued at $114,000 after acquiring an additional 1,512 shares during the period.

Avantis International Equity ETF Stock Down 2.9%

NYSEARCA AVDE opened at $81.59 on Friday. The company has a market cap of $12.30 billion, a PE ratio of 14.71 and a beta of 0.84. Avantis International Equity ETF has a 52 week low of $58.56 and a 52 week high of $92.60. The firm’s 50-day simple moving average is $87.79 and its two-hundred day simple moving average is $82.77.

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.