Versant Capital Management Inc Sells 5,213 Shares of Avantis International Equity ETF $AVDE

Versant Capital Management Inc lowered its position in Avantis International Equity ETF (NYSEARCA:AVDE) by 0.8% during the second quarter, Holdings Channel.com reports. The fund owned 648,602 shares of the company’s stock after selling 5,213 shares during the quarter. Avantis International Equity ETF accounts for 7.3% of Versant Capital Management Inc’s holdings, making the stock its largest holding. Versant Capital Management Inc’s holdings in Avantis International Equity ETF were worth $48,003,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Eastern Bank acquired a new position in Avantis International Equity ETF in the first quarter valued at $31,000. JFS Wealth Advisors LLC acquired a new position in Avantis International Equity ETF in the first quarter valued at $72,000. Park Square Financial Group LLC acquired a new position in Avantis International Equity ETF in the fourth quarter valued at $77,000. NBC Securities Inc. boosted its holdings in Avantis International Equity ETF by 134,500.0% in the first quarter. NBC Securities Inc. now owns 1,346 shares of the company’s stock valued at $89,000 after acquiring an additional 1,345 shares during the last quarter. Finally, North Capital Inc. acquired a new position in Avantis International Equity ETF in the first quarter valued at $93,000.

Avantis International Equity ETF Trading Down 0.4%

Shares of Avantis International Equity ETF stock opened at $78.41 on Friday. Avantis International Equity ETF has a twelve month low of $58.56 and a twelve month high of $78.73. The stock has a market capitalization of $8.43 billion, a P/E ratio of 14.71 and a beta of 0.94. The business’s fifty day moving average price is $75.72 and its 200 day moving average price is $71.50.

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.