Apella Capital LLC Buys 83,908 Shares of Avantis International Equity ETF (NYSEARCA:AVDE)

Apella Capital LLC lifted its stake in shares of Avantis International Equity ETF (NYSEARCA:AVDE) by 48.6% during the 4th quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 256,547 shares of the company’s stock after purchasing an additional 83,908 shares during the quarter. Apella Capital LLC owned 0.37% of Avantis International Equity ETF worth $15,744,000 as of its most recent SEC filing.

A number of other hedge funds also recently modified their holdings of the stock. Silver Lake Advisory LLC acquired a new stake in Avantis International Equity ETF during the second quarter worth about $2,009,000. Global Retirement Partners LLC boosted its position in shares of Avantis International Equity ETF by 39.3% during the 3rd quarter. Global Retirement Partners LLC now owns 9,944 shares of the company’s stock worth $667,000 after acquiring an additional 2,803 shares in the last quarter. Gateway Wealth Partners LLC increased its stake in Avantis International Equity ETF by 28.3% in the second quarter. Gateway Wealth Partners LLC now owns 125,681 shares of the company’s stock valued at $7,825,000 after acquiring an additional 27,728 shares during the last quarter. Magnolia Capital Advisors LLC acquired a new position in Avantis International Equity ETF during the second quarter valued at approximately $27,515,000. Finally, Annandale Capital LLC raised its position in Avantis International Equity ETF by 35.3% during the second quarter. Annandale Capital LLC now owns 99,654 shares of the company’s stock valued at $6,204,000 after purchasing an additional 25,996 shares in the last quarter.

Avantis International Equity ETF Stock Performance

Shares of AVDE stock opened at $60.97 on Wednesday. Avantis International Equity ETF has a fifty-two week low of $57.97 and a fifty-two week high of $67.83. The stock’s fifty day moving average price is $62.78 and its two-hundred day moving average price is $63.93. The company has a market cap of $4.22 billion, a PE ratio of 11.74 and a beta of 0.82.

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.