Broadway Wealth Solutions Inc. Acquires Shares of 159,081 Avantis International Equity ETF (NYSEARCA:AVDE)

Broadway Wealth Solutions Inc. acquired a new stake in shares of Avantis International Equity ETF (NYSEARCA:AVDE) in the fourth quarter, Holdings Channel.com reports. The institutional investor acquired 159,081 shares of the company’s stock, valued at approximately $9,763,000. Avantis International Equity ETF makes up about 7.4% of Broadway Wealth Solutions Inc.’s portfolio, making the stock its 4th largest holding.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Global Wealth Strategies & Associates acquired a new position in Avantis International Equity ETF during the 4th quarter valued at about $32,000. Life Planning Partners Inc lifted its holdings in shares of Avantis International Equity ETF by 6,282.9% in the fourth quarter. Life Planning Partners Inc now owns 931,655 shares of the company’s stock valued at $57,000 after purchasing an additional 917,059 shares in the last quarter. Your Advocates Ltd. LLP purchased a new position in shares of Avantis International Equity ETF during the fourth quarter valued at approximately $63,000. Comprehensive Financial Planning Inc. PA purchased a new position in shares of Avantis International Equity ETF during the fourth quarter valued at approximately $71,000. Finally, MeadowBrook Investment Advisors LLC bought a new stake in Avantis International Equity ETF during the fourth quarter worth $104,000.

Avantis International Equity ETF Trading Up 0.2 %

NYSEARCA AVDE opened at $67.43 on Friday. The business has a fifty day simple moving average of $65.66 and a 200 day simple moving average of $64.55. Avantis International Equity ETF has a 12 month low of $59.02 and a 12 month high of $68.81. The firm has a market capitalization of $6.06 billion, a P/E ratio of 14.81 and a beta of 0.91.

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.