Avantis International Equity ETF (NYSEARCA:AVDE) Sees Large Volume Increase

Shares of Avantis International Equity ETF (NYSEARCA:AVDE) saw unusually-high trading volume on Tuesday . Approximately 935,704 shares were traded during trading, an increase of 252% from the previous session’s volume of 265,996 shares.The stock last traded at $60.60 and had previously closed at $60.09.

Avantis International Equity ETF Stock Up 0.3 %

The company has a market capitalization of $4.17 billion, a PE ratio of 11.74 and a beta of 0.82. The stock’s fifty day moving average price is $63.63 and its two-hundred day moving average price is $62.66.

Institutional Investors Weigh In On Avantis International Equity ETF

Several institutional investors and hedge funds have recently bought and sold shares of AVDE. Elevate Wealth Advisory Inc. bought a new stake in shares of Avantis International Equity ETF during the 4th quarter valued at about $34,000. Activest Wealth Management purchased a new stake in Avantis International Equity ETF in the first quarter worth about $60,000. NBC Securities Inc. bought a new stake in Avantis International Equity ETF during the 4th quarter valued at approximately $64,000. LRI Investments LLC purchased a new position in shares of Avantis International Equity ETF during the 1st quarter worth approximately $70,000. Finally, Clarity Asset Management Inc. purchased a new position in shares of Avantis International Equity ETF during the 4th quarter worth approximately $157,000.

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.