Magnolia Capital Advisors LLC Buys New Shares in Avantis International Equity ETF (NYSEARCA:AVDE)

Magnolia Capital Advisors LLC bought a new stake in shares of Avantis International Equity ETF (NYSEARCA:AVDE) during the fourth quarter, Holdings Channel reports. The institutional investor bought 89,764 shares of the company’s stock, valued at approximately $5,395,000. Avantis International Equity ETF comprises 4.0% of Magnolia Capital Advisors LLC’s holdings, making the stock its 6th biggest holding.

A number of other institutional investors also recently modified their holdings of the stock. HighTower Advisors LLC increased its stake in Avantis International Equity ETF by 5.4% during the 3rd quarter. HighTower Advisors LLC now owns 2,309,370 shares of the company’s stock valued at $128,509,000 after purchasing an additional 118,040 shares in the last quarter. Rockwood Wealth Management LLC increased its stake in Avantis International Equity ETF by 1.1% during the 4th quarter. Rockwood Wealth Management LLC now owns 1,864,196 shares of the company’s stock valued at $112,653,000 after purchasing an additional 21,156 shares in the last quarter. American Century Companies Inc. increased its stake in Avantis International Equity ETF by 2.6% during the 3rd quarter. American Century Companies Inc. now owns 1,617,369 shares of the company’s stock valued at $90,007,000 after purchasing an additional 41,517 shares in the last quarter. Waypoint Wealth Partners Inc. grew its stake in shares of Avantis International Equity ETF by 2.9% in the 3rd quarter. Waypoint Wealth Partners Inc. now owns 925,590 shares of the company’s stock worth $51,509,000 after acquiring an additional 25,954 shares in the last quarter. Finally, LPL Financial LLC grew its stake in shares of Avantis International Equity ETF by 26.2% in the 3rd quarter. LPL Financial LLC now owns 925,116 shares of the company’s stock worth $51,483,000 after acquiring an additional 192,341 shares in the last quarter.

Avantis International Equity ETF Price Performance

Shares of NYSEARCA AVDE traded down $0.17 during trading on Wednesday, hitting $62.29. The stock had a trading volume of 184,328 shares, compared to its average volume of 242,951. Avantis International Equity ETF has a 12 month low of $52.86 and a 12 month high of $64.17. The company has a market capitalization of $4.25 billion, a PE ratio of 11.62 and a beta of 0.94. The firm has a fifty day moving average of $62.32 and a two-hundred day moving average of $59.41.

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.