Torren Management LLC Has $21.50 Million Holdings in Avantis International Equity ETF $AVDE

Torren Management LLC lessened its holdings in Avantis International Equity ETF (NYSEARCA:AVDE) by 5.7% in the second quarter, according to its most recent filing with the SEC. The institutional investor owned 240,973 shares of the company’s stock after selling 14,582 shares during the period. Avantis International Equity ETF accounts for approximately 10.9% of Torren Management LLC’s holdings, making the stock its 3rd biggest position. Torren Management LLC owned about 0.13% of Avantis International Equity ETF worth $21,495,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also bought and sold shares of the business. Team Financial Group LLC boosted its stake in shares of Avantis International Equity ETF by 184.5% in the first quarter. Team Financial Group LLC now owns 293 shares of the company’s stock worth $25,000 after acquiring an additional 190 shares during the period. Hantz Financial Services Inc. bought a new stake in Avantis International Equity ETF during the 4th quarter valued at approximately $29,000. RHL Group LLC purchased a new position in Avantis International Equity ETF in the 4th quarter worth approximately $38,000. Western Wealth Management LLC purchased a new position in Avantis International Equity ETF in the 1st quarter worth approximately $42,000. Finally, US Bancorp DE purchased a new position in Avantis International Equity ETF in the 3rd quarter worth approximately $47,000.

Avantis International Equity ETF Price Performance

AVDE stock opened at $93.57 on Wednesday. Avantis International Equity ETF has a 1-year low of $75.68 and a 1-year high of $94.00. The business has a 50 day simple moving average of $90.20 and a two-hundred day simple moving average of $89.14. The company has a market capitalization of $18.64 billion, a price-to-earnings ratio of 14.71 and a beta of 0.78.

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.