Cwm LLC Has $78.33 Million Stake in Avantis International Equity ETF $AVDE

Cwm LLC grew its holdings in shares of Avantis International Equity ETF (NYSEARCA:AVDE) by 14.9% during the third quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 992,713 shares of the company’s stock after purchasing an additional 128,893 shares during the period. Cwm LLC’s holdings in Avantis International Equity ETF were worth $78,325,000 at the end of the most recent quarter.

Other hedge funds have also recently added to or reduced their stakes in the company. Glassman Wealth Services bought a new stake in shares of Avantis International Equity ETF during the 2nd quarter valued at $25,000. Evolution Wealth Management Inc. acquired a new stake in shares of Avantis International Equity ETF during the 2nd quarter worth approximately $32,000. AdvisorNet Financial Inc increased its stake in Avantis International Equity ETF by 234.4% in the second quarter. AdvisorNet Financial Inc now owns 642 shares of the company’s stock valued at $48,000 after acquiring an additional 450 shares during the last quarter. Bessemer Group Inc. acquired a new position in Avantis International Equity ETF during the second quarter valued at approximately $57,000. Finally, Crewe Advisors LLC bought a new stake in Avantis International Equity ETF during the second quarter worth $58,000.

Avantis International Equity ETF Stock Performance

Avantis International Equity ETF stock opened at $82.74 on Friday. Avantis International Equity ETF has a 52 week low of $58.56 and a 52 week high of $82.82. The stock has a fifty day moving average of $80.32 and a 200-day moving average of $77.54. The stock has a market capitalization of $10.81 billion, a P/E ratio of 14.71 and a beta of 0.84.

Avantis International Equity ETF Company 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.