Clear Point Advisors Inc. Reduces Stake in Avantis International Equity ETF (NYSEARCA:AVDE)

Clear Point Advisors Inc. lessened its position in Avantis International Equity ETF (NYSEARCA:AVDE) by 3.9% in the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 20,452 shares of the company’s stock after selling 840 shares during the quarter. Avantis International Equity ETF makes up about 1.1% of Clear Point Advisors Inc.’s investment portfolio, making the stock its 21st largest holding. Clear Point Advisors Inc.’s holdings in Avantis International Equity ETF were worth $1,255,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Trellis Wealth Advisors LLC increased its position in Avantis International Equity ETF by 1.1% during the 3rd quarter. Trellis Wealth Advisors LLC now owns 254,560 shares of the company’s stock valued at $17,063,000 after buying an additional 2,771 shares in the last quarter. Foundations Investment Advisors LLC increased its position in Avantis International Equity ETF by 20.0% during the 3rd quarter. Foundations Investment Advisors LLC now owns 360,065 shares of the company’s stock valued at $24,135,000 after buying an additional 59,948 shares in the last quarter. Sequoia Financial Advisors LLC bought a new position in Avantis International Equity ETF during the 3rd quarter valued at approximately $6,244,000. Symphony Financial Ltd. Co. increased its position in Avantis International Equity ETF by 7.0% during the 3rd quarter. Symphony Financial Ltd. Co. now owns 172,922 shares of the company’s stock valued at $11,622,000 after buying an additional 11,247 shares in the last quarter. Finally, Private Advisor Group LLC increased its position in Avantis International Equity ETF by 1.9% during the 3rd quarter. Private Advisor Group LLC now owns 35,601 shares of the company’s stock valued at $2,386,000 after buying an additional 670 shares in the last quarter.

Avantis International Equity ETF Stock Up 0.7 %

AVDE stock opened at $66.36 on Wednesday. Avantis International Equity ETF has a twelve month low of $59.02 and a twelve month high of $67.83. The firm has a market cap of $4.59 billion, a PE ratio of 11.74 and a beta of 0.82. The business has a 50 day moving average of $62.93 and a 200 day moving average of $64.00.

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.