Avantis International Equity ETF $AVDE Shares Purchased by Independence Bank of Kentucky

Independence Bank of Kentucky grew its position in shares of Avantis International Equity ETF (NYSEARCA:AVDE) by 50.7% during the 1st quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 181,691 shares of the company’s stock after purchasing an additional 61,094 shares during the period. Avantis International Equity ETF accounts for about 2.0% of Independence Bank of Kentucky’s investment portfolio, making the stock its 9th largest position. Independence Bank of Kentucky’s holdings in Avantis International Equity ETF were worth $15,415,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also modified their holdings of the company. Align Financial LLC purchased a new position in shares of Avantis International Equity ETF during the fourth quarter valued at approximately $1,117,525,000. Corient Private Wealth LLC raised its holdings in Avantis International Equity ETF by 61.5% in the 4th quarter. Corient Private Wealth LLC now owns 5,824,926 shares of the company’s stock valued at $479,508,000 after acquiring an additional 2,219,229 shares during the last quarter. Wealth Enhancement Advisory Services LLC raised its holdings in Avantis International Equity ETF by 4.2% in the 4th quarter. Wealth Enhancement Advisory Services LLC now owns 5,102,049 shares of the company’s stock valued at $429,545,000 after acquiring an additional 206,717 shares during the last quarter. Ameriprise Financial Inc. lifted its stake in shares of Avantis International Equity ETF by 357.3% during the 3rd quarter. Ameriprise Financial Inc. now owns 4,932,115 shares of the company’s stock worth $388,855,000 after purchasing an additional 3,853,677 shares during the period. Finally, LPL Financial LLC lifted its stake in shares of Avantis International Equity ETF by 41.7% during the 4th quarter. LPL Financial LLC now owns 3,266,571 shares of the company’s stock worth $268,904,000 after purchasing an additional 961,586 shares during the period.

Avantis International Equity ETF Stock Up 0.7%

AVDE stock opened at $90.04 on Friday. Avantis International Equity ETF has a 52-week low of $72.79 and a 52-week high of $92.60. The stock’s fifty day simple moving average is $90.13 and its 200-day simple moving average is $88.02. The stock has a market capitalization of $17.33 billion, a price-to-earnings ratio of 14.71 and a beta of 0.78.

Avantis International Equity ETF 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.