Cypress Point Wealth Management LLC Has $2.99 Million Stake in Avantis International Equity ETF (NYSEARCA:AVDE)

Cypress Point Wealth Management LLC lifted its position in shares of Avantis International Equity ETF (NYSEARCA:AVDE) by 1.2% during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 48,672 shares of the company’s stock after purchasing an additional 569 shares during the period. Avantis International Equity ETF accounts for approximately 0.9% of Cypress Point Wealth Management LLC’s investment portfolio, making the stock its 22nd biggest holding. Cypress Point Wealth Management LLC owned approximately 0.07% of Avantis International Equity ETF worth $2,987,000 at the end of the most recent reporting period.

Several other hedge funds have also added to or reduced their stakes in AVDE. Aprio Wealth Management LLC lifted its holdings in shares of Avantis International Equity ETF by 2.8% during the third quarter. Aprio Wealth Management LLC now owns 6,210 shares of the company’s stock worth $416,000 after buying an additional 170 shares in the last quarter. TFB Advisors LLC increased its position in Avantis International Equity ETF by 3.0% during the third quarter. TFB Advisors LLC now owns 6,368 shares of the company’s stock worth $427,000 after acquiring an additional 184 shares during the period. NBC Securities Inc. increased its position in Avantis International Equity ETF by 17.6% during the third quarter. NBC Securities Inc. now owns 1,471 shares of the company’s stock worth $98,000 after acquiring an additional 220 shares during the period. KKM Financial LLC raised its stake in Avantis International Equity ETF by 5.4% in the 3rd quarter. KKM Financial LLC now owns 7,041 shares of the company’s stock worth $472,000 after purchasing an additional 359 shares in the last quarter. Finally, CWA Asset Management Group LLC boosted its holdings in Avantis International Equity ETF by 5.1% in the 4th quarter. CWA Asset Management Group LLC now owns 7,600 shares of the company’s stock valued at $466,000 after purchasing an additional 369 shares during the period.

Avantis International Equity ETF Trading Up 0.3 %

Shares of AVDE opened at $63.82 on Friday. Avantis International Equity ETF has a 12 month low of $58.59 and a 12 month high of $67.83. The firm’s 50 day moving average is $62.64 and its 200-day moving average is $63.89. The stock has a market capitalization of $4.42 billion, a PE ratio of 11.74 and a beta of 0.82.

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.