Avantis International Equity ETF $AVDE Shares Purchased by TCI Wealth Advisors Inc.

TCI Wealth Advisors Inc. boosted its position in Avantis International Equity ETF (NYSEARCA:AVDE) by 9.9% during the 2nd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 161,992 shares of the company’s stock after acquiring an additional 14,634 shares during the quarter. Avantis International Equity ETF accounts for about 0.8% of TCI Wealth Advisors Inc.’s holdings, making the stock its 23rd biggest holding. TCI Wealth Advisors Inc. owned 0.16% of Avantis International Equity ETF worth $11,989,000 at the end of the most recent reporting period.

Other hedge funds have also recently added to or reduced their stakes in the company. Eastern Bank acquired a new stake in Avantis International Equity ETF in the first quarter valued at approximately $31,000. AdvisorNet Financial Inc raised its holdings in Avantis International Equity ETF by 234.4% during the second quarter. AdvisorNet Financial Inc now owns 642 shares of the company’s stock worth $48,000 after purchasing an additional 450 shares in the last quarter. JFS Wealth Advisors LLC acquired a new stake in Avantis International Equity ETF during the first quarter worth approximately $72,000. Park Square Financial Group LLC acquired a new stake in Avantis International Equity ETF during the fourth quarter worth approximately $77,000. Finally, NBC Securities Inc. raised its holdings in Avantis International Equity ETF by 134,500.0% during the first quarter. NBC Securities Inc. now owns 1,346 shares of the company’s stock worth $89,000 after purchasing an additional 1,345 shares in the last quarter.

Avantis International Equity ETF Trading Down 0.7%

AVDE stock opened at $77.67 on Friday. Avantis International Equity ETF has a twelve month low of $58.56 and a twelve month high of $79.13. The company’s 50 day moving average is $76.55 and its two-hundred day moving average is $72.21. The stock has a market cap of $8.35 billion, a P/E ratio of 14.71 and a beta of 0.94.

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.