Magnolia Capital Advisors LLC Invests $5.40 Million in Avantis International Equity ETF (NYSEARCA:AVDE)

Magnolia Capital Advisors LLC purchased a new position in shares of Avantis International Equity ETF (NYSEARCA:AVDE) during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm purchased 89,764 shares of the company’s stock, valued at approximately $5,395,000. Avantis International Equity ETF comprises approximately 4.0% of Magnolia Capital Advisors LLC’s investment portfolio, making the stock its 6th largest holding. Magnolia Capital Advisors LLC owned about 0.17% of Avantis International Equity ETF as of its most recent filing with the Securities and Exchange Commission (SEC).

Other large investors have also modified their holdings of the company. UMB Bank n.a. raised its stake in Avantis International Equity ETF by 0.8% during the fourth quarter. UMB Bank n.a. now owns 23,580 shares of the company’s stock worth $1,425,000 after acquiring an additional 187 shares during the period. Ausdal Financial Partners Inc. raised its stake in Avantis International Equity ETF by 0.5% during the fourth quarter. Ausdal Financial Partners Inc. now owns 45,517 shares of the company’s stock worth $2,751,000 after acquiring an additional 226 shares during the period. LexAurum Advisors LLC raised its stake in Avantis International Equity ETF by 1.0% during the fourth quarter. LexAurum Advisors LLC now owns 22,575 shares of the company’s stock worth $1,364,000 after acquiring an additional 230 shares during the period. Nova R Wealth Inc. raised its stake in Avantis International Equity ETF by 1.9% during the fourth quarter. Nova R Wealth Inc. now owns 13,752 shares of the company’s stock worth $831,000 after acquiring an additional 262 shares during the period. Finally, Moisand Fitzgerald Tamayo LLC raised its stake in Avantis International Equity ETF by 0.6% during the third quarter. Moisand Fitzgerald Tamayo LLC now owns 54,461 shares of the company’s stock worth $3,031,000 after acquiring an additional 316 shares during the period.

Avantis International Equity ETF Stock Performance

Shares of NYSEARCA:AVDE traded down $0.17 during trading hours on Wednesday, hitting $62.29. The stock had a trading volume of 184,328 shares, compared to its average volume of 242,951. The stock’s fifty day simple moving average is $62.32 and its 200 day simple moving average is $59.41. Avantis International Equity ETF has a 1-year low of $52.86 and a 1-year high of $64.17. The firm has a market capitalization of $4.25 billion, a price-to-earnings ratio of 11.62 and a beta of 0.94.

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.