Keudell Morrison Wealth Management Invests $241,000 in Avantis International Equity ETF (NYSEARCA:AVDE)

Keudell Morrison Wealth Management bought a new stake in Avantis International Equity ETF (NYSEARCA:AVDE) during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor bought 3,935 shares of the company’s stock, valued at approximately $241,000.

A number of other institutional investors and hedge funds have also added to or reduced their stakes in the company. Global Retirement Partners LLC increased its stake in shares of Avantis International Equity ETF by 39.3% in the 3rd quarter. Global Retirement Partners LLC now owns 9,944 shares of the company’s stock valued at $667,000 after acquiring an additional 2,803 shares in the last quarter. Park Avenue Securities LLC increased its stake in Avantis International Equity ETF by 11.1% in the third quarter. Park Avenue Securities LLC now owns 271,043 shares of the company’s stock valued at $18,168,000 after purchasing an additional 27,080 shares in the last quarter. NBC Securities Inc. raised its holdings in shares of Avantis International Equity ETF by 17.6% during the third quarter. NBC Securities Inc. now owns 1,471 shares of the company’s stock valued at $98,000 after purchasing an additional 220 shares during the period. Susquehanna International Group LLP bought a new position in shares of Avantis International Equity ETF during the 2nd quarter worth about $11,655,000. Finally, Proathlete Wealth Management LLC grew its stake in shares of Avantis International Equity ETF by 15.8% in the 3rd quarter. Proathlete Wealth Management LLC now owns 49,627 shares of the company’s stock valued at $3,326,000 after buying an additional 6,775 shares during the period.

Avantis International Equity ETF Price Performance

Shares of Avantis International Equity ETF stock opened at $64.44 on Friday. The business has a 50-day simple moving average of $62.72 and a 200 day simple moving average of $63.89. The firm has a market capitalization of $4.46 billion, a price-to-earnings ratio of 11.74 and a beta of 0.82. Avantis International Equity ETF has a one year low of $58.59 and a one year high of $67.83.

About Avantis International Equity ETF

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.