Maseco LLP Makes New $166.16 Million Investment in Avantis International Equity ETF $AVDE

Maseco LLP bought a new position in Avantis International Equity ETF (NYSEARCA:AVDE) during the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor bought 1,957,771 shares of the company’s stock, valued at approximately $166,156,000. Avantis International Equity ETF makes up about 5.2% of Maseco LLP’s holdings, making the stock its 5th largest position. Maseco LLP owned about 1.14% of Avantis International Equity ETF as of its most recent SEC filing.

Other institutional investors have also recently made changes to their positions in the company. Hantz Financial Services Inc. bought a new stake in shares of Avantis International Equity ETF during the fourth quarter valued at approximately $29,000. RHL Group LLC bought a new position in Avantis International Equity ETF in the 4th quarter valued at approximately $38,000. Investment Research & Advisory Group Inc. bought a new position in Avantis International Equity ETF in the 4th quarter valued at approximately $48,000. US Bancorp DE purchased a new stake in Avantis International Equity ETF during the 3rd quarter valued at $47,000. Finally, Annis Gardner Whiting Capital Advisors LLC purchased a new stake in Avantis International Equity ETF during the 4th quarter valued at $56,000.

Avantis International Equity ETF Trading Up 0.7%

Avantis International Equity ETF stock opened at $89.14 on Friday. The firm has a market cap of $15.65 billion, a price-to-earnings ratio of 14.71 and a beta of 0.77. The stock has a fifty day simple moving average of $90.08 and a two-hundred day simple moving average of $87.45. Avantis International Equity ETF has a 12 month low of $72.79 and a 12 month high of $92.60.

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.