Atala Financial Inc Invests $322,000 in Avantis International Equity ETF (NYSEARCA:AVDE)

Atala Financial Inc acquired a new stake in Avantis International Equity ETF (NYSEARCA:AVDE) in the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm acquired 5,249 shares of the company’s stock, valued at approximately $322,000.

Several other hedge funds also recently bought and sold shares of the company. Strategic Financial Concepts LLC increased its stake in Avantis International Equity ETF by 7,432.5% in the 4th quarter. Strategic Financial Concepts LLC now owns 6,117,174 shares of the company’s stock worth $375,411,000 after acquiring an additional 6,035,964 shares during the last quarter. Rockwood Wealth Management LLC grew its holdings in shares of Avantis International Equity ETF by 7.3% during the fourth quarter. Rockwood Wealth Management LLC now owns 2,657,033 shares of the company’s stock worth $162,903,000 after purchasing an additional 181,222 shares in the last quarter. HighTower Advisors LLC increased its position in shares of Avantis International Equity ETF by 1.5% in the fourth quarter. HighTower Advisors LLC now owns 2,445,508 shares of the company’s stock worth $150,081,000 after purchasing an additional 37,094 shares during the last quarter. LPL Financial LLC increased its position in shares of Avantis International Equity ETF by 21.5% in the third quarter. LPL Financial LLC now owns 1,356,991 shares of the company’s stock worth $90,959,000 after purchasing an additional 240,463 shares during the last quarter. Finally, Adero Partners LLC raised its stake in Avantis International Equity ETF by 10.1% in the fourth quarter. Adero Partners LLC now owns 1,179,332 shares of the company’s stock valued at $72,376,000 after purchasing an additional 108,518 shares in the last quarter.

Avantis International Equity ETF Price Performance

AVDE stock opened at $66.23 on Friday. The firm has a 50 day simple moving average of $64.38 and a two-hundred day simple moving average of $64.37. The stock has a market cap of $5.84 billion, a PE ratio of 15.30 and a beta of 0.92. Avantis International Equity ETF has a one year low of $59.02 and a one year high of $67.94.

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.