Avantis International Equity ETF (NYSEARCA:AVDE) Share Price Breaks Above Two Hundred Day Moving Average – Time to Sell?

Avantis International Equity ETF (NYSEARCA:AVDE – Get Free Report) passed above its two hundred day moving average during trading on Wednesday. The stock has a two hundred day moving average of $89.82 and traded as high as $91.02. Avantis International Equity ETF shares last traded at $90.99, with a volume of 1,073,363 shares traded.

Avantis International Equity ETF Stock Down 0.6%

The stock’s 50-day moving average is $90.89 and its 200 day moving average is $89.85. The stock has a market capitalization of $19.15 billion, a PE ratio of 14.71 and a beta of 0.80.

Hedge Funds Weigh In On Avantis International Equity ETF

Institutional investors and hedge funds have recently modified their holdings of the stock. Moors & Cabot Inc. bought a new stake in shares of Avantis International Equity ETF during the third quarter worth approximately $321,000. Allworth Financial LP grew its holdings in Avantis International Equity ETF by 1.4% during the 3rd quarter. Allworth Financial LP now owns 280,281 shares of the company’s stock worth $25,001,000 after acquiring an additional 3,743 shares during the period. Fisher Asset Management LLC bought a new stake in shares of Avantis International Equity ETF during the 3rd quarter valued at $308,000. Russell Investments Group Ltd. bought a new stake in shares of Avantis International Equity ETF during the 3rd quarter valued at $94,000. Finally, Werba Rubin Papier Wealth Management lifted its stake in shares of Avantis International Equity ETF by 0.8% in the 3rd quarter. Werba Rubin Papier Wealth Management now owns 882,912 shares of the company’s stock valued at $79,559,000 after purchasing an additional 6,634 shares during the period.

About Avantis International Equity ETF

(Get Free Report)

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.

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