Fonville Wealth Management LLC Makes New $1.49 Million Investment in Avantis International Equity ETF (NYSEARCA:AVDE)

Fonville Wealth Management LLC purchased a new position in shares of Avantis International Equity ETF (NYSEARCA:AVDE) during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund purchased 24,682 shares of the company’s stock, valued at approximately $1,492,000.

Other institutional investors have also recently bought and sold shares of the company. ICA Group Wealth Management LLC acquired a new position in shares of Avantis International Equity ETF in the fourth quarter valued at approximately $76,000. WealthShield Partners LLC grew its position in shares of Avantis International Equity ETF by 500.0% in the fourth quarter. WealthShield Partners LLC now owns 2,400 shares of the company’s stock valued at $145,000 after purchasing an additional 2,000 shares during the last quarter. Sound Income Strategies LLC acquired a new position in shares of Avantis International Equity ETF in the fourth quarter valued at approximately $163,000. Janney Montgomery Scott LLC acquired a new position in shares of Avantis International Equity ETF in the third quarter valued at approximately $210,000. Finally, JPMorgan Chase & Co. grew its position in shares of Avantis International Equity ETF by 270.8% in the fourth quarter. JPMorgan Chase & Co. now owns 4,275 shares of the company’s stock valued at $228,000 after purchasing an additional 3,122 shares during the last quarter.

Avantis International Equity ETF Stock Down 0.1 %

Shares of Avantis International Equity ETF stock traded down $0.07 on Thursday, hitting $61.22. The stock had a trading volume of 192,784 shares, compared to its average volume of 246,836. Avantis International Equity ETF has a twelve month low of $52.86 and a twelve month high of $64.17. The business’s 50 day moving average is $62.08 and its two-hundred day moving average is $59.15. The stock has a market cap of $4.18 billion, a price-to-earnings ratio of 11.62 and a beta of 0.94.

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.