Quantum Financial Advisors LLC Purchases 25,731 Shares of Avantis International Equity ETF (NYSEARCA:AVDE)

Quantum Financial Advisors LLC grew its position in Avantis International Equity ETF (NYSEARCA:AVDE) by 6.9% during the third quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 396,269 shares of the company’s stock after purchasing an additional 25,731 shares during the quarter. Avantis International Equity ETF makes up about 4.2% of Quantum Financial Advisors LLC’s portfolio, making the stock its 4th largest position. Quantum Financial Advisors LLC’s holdings in Avantis International Equity ETF were worth $26,562,000 at the end of the most recent reporting period.

A number of other hedge funds have also bought and sold shares of the company. Elevate Wealth Advisory Inc. acquired a new stake in Avantis International Equity ETF during the 4th quarter worth about $34,000. LRI Investments LLC bought a new stake in Avantis International Equity ETF in the first quarter worth approximately $70,000. Clarity Asset Management Inc. acquired a new position in Avantis International Equity ETF in the fourth quarter valued at approximately $157,000. O Shaughnessy Asset Management LLC bought a new position in shares of Avantis International Equity ETF during the 1st quarter worth approximately $192,000. Finally, Accel Wealth Management acquired a new stake in shares of Avantis International Equity ETF during the 1st quarter worth approximately $207,000.

Avantis International Equity ETF Trading Up 0.8 %

NYSEARCA AVDE traded up $0.52 on Friday, hitting $66.32. 134,961 shares of the company were exchanged, compared to its average volume of 251,219. The company has a market cap of $4.59 billion, a PE ratio of 11.74 and a beta of 0.82. The stock has a fifty day moving average of $64.67 and a 200-day moving average of $63.93. Avantis International Equity ETF has a 12 month low of $52.86 and a 12 month high of $67.83.

Avantis International Equity ETF 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.