Cornerstone Wealth Management LLC Acquires 50,349 Shares of Avantis International Equity ETF (NYSEARCA:AVDE)

Cornerstone Wealth Management LLC increased its holdings in shares of Avantis International Equity ETF (NYSEARCA:AVDE) by 141.4% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 85,966 shares of the company’s stock after purchasing an additional 50,349 shares during the quarter. Cornerstone Wealth Management LLC owned approximately 0.12% of Avantis International Equity ETF worth $5,276,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in AVDE. AQR Capital Management LLC increased its position in shares of Avantis International Equity ETF by 14.8% during the 2nd quarter. AQR Capital Management LLC now owns 10,476 shares of the company’s stock worth $652,000 after purchasing an additional 1,353 shares during the last quarter. Susquehanna International Group LLP acquired a new position in Avantis International Equity ETF during the second quarter worth $11,655,000. Annandale Capital LLC raised its position in Avantis International Equity ETF by 35.3% during the second quarter. Annandale Capital LLC now owns 99,654 shares of the company’s stock worth $6,204,000 after acquiring an additional 25,996 shares in the last quarter. Magnolia Capital Advisors LLC bought a new stake in Avantis International Equity ETF during the second quarter worth $27,515,000. Finally, Silver Lake Advisory LLC acquired a new stake in Avantis International Equity ETF in the second quarter valued at $2,009,000.

Avantis International Equity ETF Price Performance

Avantis International Equity ETF stock opened at $63.60 on Friday. The company’s 50-day moving average is $62.60 and its 200-day moving average is $63.89. The firm has a market capitalization of $4.40 billion, a PE ratio of 11.74 and a beta of 0.82. Avantis International Equity ETF has a fifty-two week low of $58.59 and a fifty-two week high of $67.83.

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.