Ariadne Wealth Management LP Invests $4.95 Million in Avantis International Equity ETF (NYSEARCA:AVDE)

Ariadne Wealth Management LP bought a new stake in shares of Avantis International Equity ETF (NYSEARCA:AVDE) in the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund bought 79,518 shares of the company’s stock, valued at approximately $4,951,000. Avantis International Equity ETF accounts for 2.7% of Ariadne Wealth Management LP’s holdings, making the stock its 7th biggest holding. Ariadne Wealth Management LP owned approximately 0.11% of Avantis International Equity ETF at the end of the most recent quarter.

Other large investors also recently added to or reduced their stakes in the company. First National Bank Sioux Falls lifted its holdings in shares of Avantis International Equity ETF by 11.2% in the second quarter. First National Bank Sioux Falls now owns 184,897 shares of the company’s stock worth $11,512,000 after buying an additional 18,631 shares in the last quarter. WMS Partners LLC grew its holdings in Avantis International Equity ETF by 3.6% during the 1st quarter. WMS Partners LLC now owns 1,728,586 shares of the company’s stock worth $110,180,000 after acquiring an additional 59,930 shares in the last quarter. Northwest Wealth Management LLC grew its holdings in Avantis International Equity ETF by 53.6% during the 4th quarter. Northwest Wealth Management LLC now owns 116,405 shares of the company’s stock worth $7,034,000 after acquiring an additional 40,630 shares in the last quarter. EP Wealth Advisors LLC bought a new stake in shares of Avantis International Equity ETF in the 4th quarter valued at about $281,000. Finally, Envestnet Portfolio Solutions Inc. boosted its holdings in shares of Avantis International Equity ETF by 10.7% in the 1st quarter. Envestnet Portfolio Solutions Inc. now owns 6,601 shares of the company’s stock valued at $421,000 after buying an additional 638 shares in the last quarter.

Avantis International Equity ETF Stock Down 0.3 %

Shares of NYSEARCA AVDE opened at $67.03 on Tuesday. The firm has a market cap of $4.64 billion, a P/E ratio of 11.74 and a beta of 0.82. The business’s 50 day moving average price is $64.44 and its 200 day moving average price is $63.84. Avantis International Equity ETF has a 52 week low of $52.86 and a 52 week 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.