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

Independence Bank of Kentucky boosted its position in Avantis International Equity ETF (NYSEARCA:AVDE) by 54.9% in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 120,597 shares of the company’s stock after purchasing an additional 42,745 shares during the period. Avantis International Equity ETF comprises 1.2% of Independence Bank of Kentucky’s investment portfolio, making the stock its 14th biggest position. Independence Bank of Kentucky owned approximately 0.08% of Avantis International Equity ETF worth $9,928,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Royal Bank of Canada grew its holdings in Avantis International Equity ETF by 123.9% in the first quarter. Royal Bank of Canada now owns 80,754 shares of the company’s stock valued at $5,352,000 after purchasing an additional 44,683 shares during the last quarter. Integrated Wealth Concepts LLC raised its stake in shares of Avantis International Equity ETF by 49.2% during the 1st quarter. Integrated Wealth Concepts LLC now owns 6,692 shares of the company’s stock worth $443,000 after buying an additional 2,206 shares during the last quarter. Cetera Investment Advisers boosted its position in shares of Avantis International Equity ETF by 22.3% in the 2nd quarter. Cetera Investment Advisers now owns 4,756 shares of the company’s stock worth $352,000 after buying an additional 868 shares in the last quarter. JPMorgan Chase & Co. boosted its position in shares of Avantis International Equity ETF by 40.0% in the 2nd quarter. JPMorgan Chase & Co. now owns 173,687 shares of the company’s stock worth $12,855,000 after buying an additional 49,646 shares in the last quarter. Finally, Baird Financial Group Inc. grew its stake in Avantis International Equity ETF by 2.4% in the 2nd quarter. Baird Financial Group Inc. now owns 7,011 shares of the company’s stock valued at $519,000 after acquiring an additional 166 shares during the last quarter.

Avantis International Equity ETF Stock Performance

NYSEARCA:AVDE opened at $85.70 on Friday. The firm has a 50-day moving average price of $87.51 and a two-hundred day moving average price of $83.20. Avantis International Equity ETF has a twelve month low of $58.56 and a twelve month high of $92.60. The company has a market capitalization of $14.53 billion, a P/E ratio of 14.71 and a beta of 0.84.

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.