Gateway Wealth Partners LLC Has $5.15 Million Stock Holdings in Avantis International Equity ETF (NYSEARCA:AVDE)

Gateway Wealth Partners LLC lessened its stake in shares of Avantis International Equity ETF (NYSEARCA:AVDE) by 34.7% during the 4th quarter, HoldingsChannel reports. The firm owned 83,874 shares of the company’s stock after selling 44,540 shares during the quarter. Avantis International Equity ETF comprises 1.3% of Gateway Wealth Partners LLC’s holdings, making the stock its 14th biggest position. Gateway Wealth Partners LLC’s holdings in Avantis International Equity ETF were worth $5,147,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Global Wealth Strategies & Associates acquired a new position in Avantis International Equity ETF during the fourth quarter valued at approximately $32,000. Voisard Asset Management Group Inc. bought a new stake in shares of Avantis International Equity ETF in the third quarter valued at approximately $41,000. NBC Securities Inc. boosted its position 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 acquiring an additional 220 shares during the period. Wilmington Savings Fund Society FSB bought a new stake in shares of Avantis International Equity ETF in the third quarter valued at approximately $106,000. Finally, EnRich Financial Partners LLC boosted its position in shares of Avantis International Equity ETF by 17.4% in the third quarter. EnRich Financial Partners LLC now owns 2,560 shares of the company’s stock valued at $172,000 after acquiring an additional 380 shares during the period.

Avantis International Equity ETF Trading Down 0.2 %

AVDE opened at $63.74 on Wednesday. Avantis International Equity ETF has a 1-year low of $58.59 and a 1-year high of $67.83. The stock has a market capitalization of $4.41 billion, a price-to-earnings ratio of 11.74 and a beta of 0.82. The business has a 50 day moving average of $62.66 and a 200-day moving average of $63.89.

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.