Cogent Private Wealth Inc. Makes New Investment in Avantis International Equity ETF $AVDE

Cogent Private Wealth Inc. purchased a new position in shares of Avantis International Equity ETF (NYSEARCA:AVDE) during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor purchased 14,488 shares of the company’s stock, valued at approximately $1,193,000.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Royal Bank of Canada boosted its stake in shares of Avantis International Equity ETF by 123.9% during the 1st quarter. Royal Bank of Canada now owns 80,754 shares of the company’s stock worth $5,352,000 after acquiring an additional 44,683 shares during the period. Integrated Wealth Concepts LLC raised its position in shares of Avantis International Equity ETF by 49.2% in the first quarter. Integrated Wealth Concepts LLC now owns 6,692 shares of the company’s stock valued at $443,000 after purchasing an additional 2,206 shares during the period. Cetera Investment Advisers raised its position in shares of Avantis International Equity ETF by 22.3% in the second quarter. Cetera Investment Advisers now owns 4,756 shares of the company’s stock valued at $352,000 after purchasing an additional 868 shares during the period. Baird Financial Group Inc. raised its position in shares of Avantis International Equity ETF by 2.4% in the second quarter. Baird Financial Group Inc. now owns 7,011 shares of the company’s stock valued at $519,000 after purchasing an additional 166 shares during the period. Finally, Quantinno Capital Management LP raised its position in shares of Avantis International Equity ETF by 48.1% in the second quarter. Quantinno Capital Management LP now owns 6,013 shares of the company’s stock valued at $445,000 after purchasing an additional 1,954 shares during the period.

Avantis International Equity ETF Price Performance

Shares of AVDE opened at $91.05 on Tuesday. The firm has a market capitalization of $15.99 billion, a PE ratio of 14.71 and a beta of 0.78. The company’s 50-day moving average is $88.62 and its 200-day moving average is $86.20. Avantis International Equity ETF has a fifty-two week low of $72.08 and a fifty-two week high of $92.60.

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.