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

Shares of Avantis International Equity ETF (NYSEARCA:AVDE) saw an uptick in trading volume on Wednesday . 716,976 shares traded hands during trading, an increase of 171% from the previous session’s volume of 264,149 shares.The stock last traded at $63.32 and had previously closed at $62.58.

Avantis International Equity ETF Price Performance

The firm’s fifty day moving average price is $63.75 and its 200-day moving average price is $62.01. The company has a market capitalization of $4.39 billion, a price-to-earnings ratio of 11.74 and a beta of 0.82.

Institutional Trading of Avantis International Equity ETF

Several hedge funds and other institutional investors have recently made changes to their positions in the company. Citizens & Northern Corp acquired a new stake in Avantis International Equity ETF during the 4th quarter worth approximately $1,936,000. Quarry Hill Advisors LLC increased its holdings in Avantis International Equity ETF by 6.7% in the fourth quarter. Quarry Hill Advisors LLC now owns 36,839 shares of the company’s stock valued at $2,226,000 after purchasing an additional 2,312 shares during the period. Greenwich Wealth Management LLC increased its holdings in Avantis International Equity ETF by 28.6% in the fourth quarter. Greenwich Wealth Management LLC now owns 16,439 shares of the company’s stock valued at $993,000 after purchasing an additional 3,659 shares during the period. First National Bank Sioux Falls raised its position in Avantis International Equity ETF by 20.9% during the 4th quarter. First National Bank Sioux Falls now owns 149,040 shares of the company’s stock worth $9,006,000 after purchasing an additional 25,782 shares during the last quarter. Finally, Visionary Horizons LLC bought a new stake in shares of Avantis International Equity ETF in the 4th quarter valued at about $499,000.

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.