ShankerValleau Wealth Advisors Inc. Buys 4,334 Shares of Avantis International Equity ETF (NYSEARCA:AVDE)

ShankerValleau Wealth Advisors Inc. raised its position in shares of Avantis International Equity ETF (NYSEARCA:AVDE) by 4.6% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 98,204 shares of the company’s stock after purchasing an additional 4,334 shares during the quarter. Avantis International Equity ETF accounts for about 1.9% of ShankerValleau Wealth Advisors Inc.’s investment portfolio, making the stock its 13th largest position. ShankerValleau Wealth Advisors Inc. owned approximately 0.14% of Avantis International Equity ETF worth $6,027,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Strategic Financial Concepts LLC increased its stake in Avantis International Equity ETF by 7,831.7% in the 2nd quarter. Strategic Financial Concepts LLC now owns 4,744,841 shares of the company’s stock worth $295,414,000 after buying an additional 4,685,020 shares in the last quarter. Annex Advisory Services LLC raised its stake in Avantis International Equity ETF by 29.0% during the 3rd quarter. Annex Advisory Services LLC now owns 5,760,406 shares of the company’s stock valued at $386,120,000 after purchasing an additional 1,295,471 shares during the period. Magnolia Capital Advisors LLC purchased a new position in Avantis International Equity ETF in the 2nd quarter worth approximately $27,515,000. Executive Wealth Management LLC purchased a new stake in Avantis International Equity ETF in the 3rd quarter worth $26,196,000. Finally, Simplicity Wealth LLC increased its stake in Avantis International Equity ETF by 1,002.3% during the third quarter. Simplicity Wealth LLC now owns 370,453 shares of the company’s stock worth $24,831,000 after acquiring an additional 336,845 shares during the last quarter.

Avantis International Equity ETF Price Performance

Shares of NYSEARCA:AVDE traded up $0.54 during trading on Monday, hitting $62.09. The company had a trading volume of 446,056 shares, compared to its average volume of 389,252. The stock has a market cap of $4.30 billion, a price-to-earnings ratio of 11.74 and a beta of 0.82. The company has a fifty day simple moving average of $63.17 and a two-hundred day simple moving average of $63.98. Avantis International Equity ETF has a one year low of $57.97 and a one year high of $67.83.

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.