Strategic Financial Concepts LLC Boosts Stock Position in Avantis International Equity ETF (NYSEARCA:AVDE)

Strategic Financial Concepts LLC increased its position in Avantis International Equity ETF (NYSEARCA:AVDE) by 7,831.7% in the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 4,744,841 shares of the company’s stock after acquiring an additional 4,685,020 shares during the quarter. Avantis International Equity ETF comprises approximately 1.3% of Strategic Financial Concepts LLC’s holdings, making the stock its 16th biggest position. Strategic Financial Concepts LLC owned about 0.07% of Avantis International Equity ETF worth $295,414,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Annex Advisory Services LLC boosted its position in shares of Avantis International Equity ETF by 115.1% in the second quarter. Annex Advisory Services LLC now owns 4,464,935 shares of the company’s stock worth $277,987,000 after purchasing an additional 2,389,558 shares during the period. BSW Wealth Partners boosted its holdings in Avantis International Equity ETF by 2,143.5% in the 1st quarter. BSW Wealth Partners now owns 407,608 shares of the company’s stock worth $25,981,000 after buying an additional 389,440 shares during the period. Wealth Enhancement Advisory Services LLC increased its stake in Avantis International Equity ETF by 8.3% in the 1st quarter. Wealth Enhancement Advisory Services LLC now owns 4,109,921 shares of the company’s stock worth $261,966,000 after buying an additional 316,020 shares in the last quarter. IAM Advisory LLC raised its holdings in Avantis International Equity ETF by 1,565.6% during the second quarter. IAM Advisory LLC now owns 192,326 shares of the company’s stock valued at $11,974,000 after acquiring an additional 180,779 shares during the period. Finally, Rockwood Wealth Management LLC raised its stake in Avantis International Equity ETF by 8.2% during the 2nd quarter. Rockwood Wealth Management LLC now owns 2,305,967 shares of the company’s stock valued at $143,570,000 after purchasing an additional 174,960 shares during the period.

Avantis International Equity ETF Stock Performance

AVDE stock opened at $63.68 on Friday. The company has a market capitalization of $4.41 billion, a PE ratio of 11.74 and a beta of 0.82. Avantis International Equity ETF has a one year low of $52.86 and a one year high of $66.28. The company’s fifty day moving average price is $63.79 and its 200-day moving average price is $63.39.

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.