Avantis International Equity ETF (NYSEARCA:AVDE) Shares Purchased by IAM Advisory LLC

IAM Advisory LLC raised its stake in shares of Avantis International Equity ETF (NYSEARCA:AVDE) by 1,565.6% during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 192,326 shares of the company’s stock after purchasing an additional 180,779 shares during the quarter. Avantis International Equity ETF accounts for 3.2% of IAM Advisory LLC’s portfolio, making the stock its 8th largest holding. IAM Advisory LLC owned approximately 0.28% of Avantis International Equity ETF worth $11,974,000 as of its most recent SEC filing.

Several other institutional investors have also recently added to or reduced their stakes in AVDE. Elevate Wealth Advisory Inc. acquired a new stake in Avantis International Equity ETF in the fourth quarter worth $34,000. Activest Wealth Management bought a new position in shares of Avantis International Equity ETF in the 1st quarter valued at $60,000. NBC Securities Inc. acquired a new stake in Avantis International Equity ETF in the fourth quarter valued at $64,000. LRI Investments LLC bought a new position in shares of Avantis International Equity ETF in the 1st quarter worth about $71,000. Finally, Clarity Asset Management Inc. acquired a new stake in shares of Avantis International Equity ETF in the 4th quarter valued at about $157,000.

Avantis International Equity ETF Stock Up 0.4 %

Avantis International Equity ETF stock traded up $0.23 during mid-day trading on Friday, reaching $61.72. 169,248 shares of the company’s stock were exchanged, compared to its average volume of 266,389. Avantis International Equity ETF has a one year low of $52.86 and a one year high of $65.47. The business’s fifty day simple moving average is $63.34 and its 200 day simple moving average is $62.71. The firm has a market capitalization of $4.27 billion, a PE 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.