Werba Rubin Papier Wealth Management Buys 42,028 Shares of Avantis International Equity ETF (NYSEARCA:AVDE)

Werba Rubin Papier Wealth Management lifted its stake in shares of Avantis International Equity ETF (NYSEARCA:AVDE) by 6.0% in the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 743,671 shares of the company’s stock after purchasing an additional 42,028 shares during the quarter. Avantis International Equity ETF comprises approximately 11.7% of Werba Rubin Papier Wealth Management’s portfolio, making the stock its 2nd biggest position. Werba Rubin Papier Wealth Management’s holdings in Avantis International Equity ETF were worth $49,848,000 at the end of the most recent reporting period.

Several other hedge funds have also recently modified their holdings of AVDE. LRI Investments LLC purchased a new stake in Avantis International Equity ETF in the 1st quarter valued at approximately $70,000. NBC Securities Inc. boosted its stake in shares of Avantis International Equity ETF by 17.6% in the third quarter. NBC Securities Inc. now owns 1,471 shares of the company’s stock valued at $98,000 after buying an additional 220 shares in the last quarter. O Shaughnessy Asset Management LLC purchased a new stake in shares of Avantis International Equity ETF in the first quarter valued at approximately $192,000. Accel Wealth Management acquired a new position in Avantis International Equity ETF during the first quarter worth $207,000. Finally, Sanctuary Advisors LLC purchased a new position in Avantis International Equity ETF in the second quarter worth $214,000.

Avantis International Equity ETF Stock Performance

Avantis International Equity ETF stock opened at $65.92 on Friday. The company has a market cap of $4.56 billion, a P/E 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 $67.83. The business has a fifty day moving average of $65.44 and a two-hundred day moving average of $64.10.

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.