Pinnacle Financial Partners Inc Buys Shares of 12,100 Avantis International Equity ETF (NYSEARCA:AVDE)

Pinnacle Financial Partners Inc purchased a new position in Avantis International Equity ETF (NYSEARCA:AVDE) in the third quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm purchased 12,100 shares of the company’s stock, valued at approximately $811,000.

Several other hedge funds also recently made changes to their positions in the stock. Voisard Asset Management Group Inc. bought a new position in Avantis International Equity ETF in the 3rd quarter worth about $41,000. LRI Investments LLC bought a new position in shares of Avantis International Equity ETF in the first quarter valued at approximately $70,000. NBC Securities Inc. grew its stake 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 valued at $98,000 after acquiring an additional 220 shares in the last quarter. O Shaughnessy Asset Management LLC bought a new stake in Avantis International Equity ETF during the 1st quarter worth approximately $192,000. Finally, Sanctuary Advisors LLC bought a new stake in Avantis International Equity ETF during the 2nd quarter worth approximately $214,000.

Avantis International Equity ETF Price Performance

Shares of NYSEARCA:AVDE opened at $62.75 on Friday. The firm has a fifty day moving average price of $65.21 and a two-hundred day moving average price of $64.32. The company has a market cap of $4.34 billion, a price-to-earnings ratio of 11.74 and a beta of 0.82. Avantis International Equity ETF has a one year low of $56.43 and a one year 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.