Physician Wealth Solutions Inc. Grows Holdings in Avantis International Equity ETF (NYSEARCA:AVDE)

Physician Wealth Solutions Inc. lifted its position in shares of Avantis International Equity ETF (NYSEARCA:AVDE) by 1.6% in the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 98,182 shares of the company’s stock after buying an additional 1,578 shares during the quarter. Avantis International Equity ETF makes up 3.1% of Physician Wealth Solutions Inc.’s investment portfolio, making the stock its 13th largest position. Physician Wealth Solutions Inc. owned about 0.14% of Avantis International Equity ETF worth $6,301,000 at the end of the most recent quarter.

A number of other institutional investors have also modified their holdings of AVDE. First National Bank Sioux Falls grew its holdings in Avantis International Equity ETF by 11.2% in the second quarter. First National Bank Sioux Falls now owns 184,897 shares of the company’s stock valued at $11,512,000 after purchasing an additional 18,631 shares during the period. WMS Partners LLC increased its stake in Avantis International Equity ETF by 3.6% during the first quarter. WMS Partners LLC now owns 1,728,586 shares of the company’s stock worth $110,180,000 after acquiring an additional 59,930 shares during the last quarter. Silver Lake Advisory LLC purchased a new position in Avantis International Equity ETF in the second quarter valued at approximately $2,009,000. Global Retirement Partners LLC lifted its position in Avantis International Equity ETF by 39.3% during the third quarter. Global Retirement Partners LLC now owns 9,944 shares of the company’s stock valued at $667,000 after buying an additional 2,803 shares in the last quarter. Finally, Envestnet Portfolio Solutions Inc. grew its stake in Avantis International Equity ETF by 10.7% during the first quarter. Envestnet Portfolio Solutions Inc. now owns 6,601 shares of the company’s stock worth $421,000 after buying an additional 638 shares during the period.

Avantis International Equity ETF Stock Down 1.4 %

Shares of AVDE stock traded down $0.94 during mid-day trading on Friday, reaching $64.11. The company’s stock had a trading volume of 22,565 shares, compared to its average volume of 251,624. The firm has a market capitalization of $4.44 billion, a PE ratio of 11.74 and a beta of 0.82. The company’s 50 day simple moving average is $65.39 and its 200-day simple moving average is $64.26. Avantis International Equity ETF has a 12-month low of $54.66 and a 12-month high of $67.83.

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.