Avantis International Equity ETF $AVDE Stock: Interchange Capital Partners LLC Grows Position

Interchange Capital Partners LLC lifted its position in Avantis International Equity ETF (NYSEARCA:AVDE) by 155.7% in the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 82,243 shares of the company’s stock after acquiring an additional 50,077 shares during the quarter. Avantis International Equity ETF accounts for approximately 1.3% of Interchange Capital Partners LLC’s investment portfolio, making the stock its 14th largest holding. Interchange Capital Partners LLC’s holdings in Avantis International Equity ETF were worth $7,518,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also made changes to their positions in AVDE. Team Financial Group LLC lifted its position in shares of Avantis International Equity ETF by 184.5% during the first quarter. Team Financial Group LLC now owns 293 shares of the company’s stock valued at $25,000 after buying an additional 190 shares during the last quarter. TD Waterhouse Canada Inc. acquired a new stake in shares of Avantis International Equity ETF in the third quarter worth $27,000. Angeles Wealth Management LLC raised its stake in shares of Avantis International Equity ETF by 470.6% during the 2nd quarter. Angeles Wealth Management LLC now owns 485 shares of the company’s stock valued at $43,000 after buying an additional 400 shares during the last quarter. Abound Wealth Management purchased a new position in shares of Avantis International Equity ETF during the 2nd quarter valued at approximately $44,000. Finally, Western Wealth Management LLC acquired a new position in Avantis International Equity ETF in the 1st quarter worth about $42,000.

Avantis International Equity ETF Trading Up 0.4%

Shares of Avantis International Equity ETF stock opened at $90.13 on Friday. The firm’s 50-day moving average price is $91.50 and its 200 day moving average price is $89.73. The firm has a market capitalization of $19.58 billion, a PE ratio of 14.71 and a beta of 0.79. Avantis International Equity ETF has a twelve month low of $77.20 and a twelve month high of $94.82.

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.