Avantis International Equity ETF (NYSEARCA:AVDE) Stake Increased by Diversified Portfolios Inc.

Diversified Portfolios Inc. raised its position in shares of Avantis International Equity ETF (NYSEARCA:AVDE) by 14.8% during the third quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 579,028 shares of the company’s stock after purchasing an additional 74,552 shares during the period. Avantis International Equity ETF makes up approximately 4.4% of Diversified Portfolios Inc.’s holdings, making the stock its 4th largest holding. Diversified Portfolios Inc. owned approximately 0.84% of Avantis International Equity ETF worth $38,812,000 at the end of the most recent reporting period.

Other institutional investors have also recently modified their holdings of the company. Strategic Financial Concepts LLC boosted its stake in Avantis International Equity ETF by 7,831.7% in the second quarter. Strategic Financial Concepts LLC now owns 4,744,841 shares of the company’s stock worth $295,414,000 after buying an additional 4,685,020 shares in the last quarter. Annex Advisory Services LLC boosted its stake in shares of Avantis International Equity ETF by 115.1% in the 2nd quarter. Annex Advisory Services LLC now owns 4,464,935 shares of the company’s stock valued at $277,987,000 after purchasing an additional 2,389,558 shares in the last quarter. Magnolia Capital Advisors LLC bought a new position in shares of Avantis International Equity ETF during the 2nd quarter valued at $27,515,000. Executive Wealth Management LLC purchased a new position in Avantis International Equity ETF in the 3rd quarter worth $26,196,000. Finally, Simplicity Wealth LLC boosted its position in Avantis International Equity ETF by 1,002.3% during the third quarter. Simplicity Wealth LLC now owns 370,453 shares of the company’s stock valued at $24,831,000 after buying an additional 336,845 shares during the period.

Avantis International Equity ETF Trading Up 0.3 %

Shares of NYSEARCA:AVDE traded up $0.20 on Thursday, reaching $62.91. 59,888 shares of the company traded hands, compared to its average volume of 251,323. Avantis International Equity ETF has a 52 week low of $56.43 and a 52 week high of $67.83. The business’s 50-day simple moving average is $65.21 and its 200 day simple moving average is $64.32. The stock has a market capitalization of $4.35 billion, a P/E ratio of 11.74 and a beta of 0.82.

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.