Financial Enhancement Group LLC Acquires 5,079 Shares of Avantis International Equity ETF (NYSEARCA:AVDE)

Financial Enhancement Group LLC lifted its position in shares of Avantis International Equity ETF (NYSEARCA:AVDE) by 39.5% during the 1st quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 17,925 shares of the company’s stock after acquiring an additional 5,079 shares during the quarter. Financial Enhancement Group LLC’s holdings in Avantis International Equity ETF were worth $1,205,000 at the end of the most recent reporting period.

Other hedge funds also recently modified their holdings of the company. CIBC Private Wealth Group LLC acquired a new stake in shares of Avantis International Equity ETF during the 4th quarter valued at $31,000. Nemes Rush Group LLC acquired a new stake in shares of Avantis International Equity ETF during the 4th quarter valued at $38,000. Tucker Asset Management LLC acquired a new stake in shares of Avantis International Equity ETF during the 4th quarter valued at $59,000. JFS Wealth Advisors LLC acquired a new stake in shares of Avantis International Equity ETF during the 1st quarter valued at $72,000. Finally, Park Square Financial Group LLC acquired a new stake in shares of Avantis International Equity ETF during the 4th quarter valued at $77,000.

Avantis International Equity ETF Stock Down 0.6%

NYSEARCA AVDE opened at $72.64 on Wednesday. Avantis International Equity ETF has a twelve month low of $58.56 and a twelve month high of $74.53. The company has a market cap of $7.05 billion, a price-to-earnings ratio of 14.90 and a beta of 0.84. The business’s fifty day moving average is $71.10 and its 200 day moving average is $66.60.

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.