Avantis International Equity ETF $AVDE Stock Position Lessened by Pacific Life Fund Advisors LLC

Pacific Life Fund Advisors LLC trimmed its holdings in shares of Avantis International Equity ETF (NYSEARCA:AVDE) by 5.6% in the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 520,709 shares of the company’s stock after selling 31,010 shares during the period. Avantis International Equity ETF comprises approximately 4.2% of Pacific Life Fund Advisors LLC’s holdings, making the stock its 7th biggest holding. Pacific Life Fund Advisors LLC’s holdings in Avantis International Equity ETF were worth $41,084,000 as of its most recent SEC filing.

Other institutional investors have also recently modified their holdings of the company. Corient Private Wealth LLC grew its holdings in Avantis International Equity ETF by 4.1% during the 2nd quarter. Corient Private Wealth LLC now owns 4,047,221 shares of the company’s stock valued at $299,535,000 after buying an additional 160,658 shares during the last quarter. American Century Companies Inc. lifted its position in shares of Avantis International Equity ETF by 67.2% in the second quarter. American Century Companies Inc. now owns 3,376,257 shares of the company’s stock valued at $249,877,000 after acquiring an additional 1,357,155 shares in the last quarter. Rockwood Wealth Management LLC boosted its stake in shares of Avantis International Equity ETF by 10.3% during the third quarter. Rockwood Wealth Management LLC now owns 2,808,323 shares of the company’s stock valued at $221,577,000 after acquiring an additional 261,405 shares during the last quarter. Bank of America Corp DE increased its position in Avantis International Equity ETF by 18.8% during the 2nd quarter. Bank of America Corp DE now owns 2,255,718 shares of the company’s stock worth $166,946,000 after purchasing an additional 356,773 shares in the last quarter. Finally, Maseco LLP acquired a new position in Avantis International Equity ETF in the 2nd quarter valued at about $129,140,000.

Avantis International Equity ETF Trading Up 0.7%

NYSEARCA:AVDE opened at $85.26 on Tuesday. Avantis International Equity ETF has a 12-month low of $58.56 and a 12-month high of $85.26. The firm has a market cap of $12.15 billion, a price-to-earnings ratio of 14.71 and a beta of 0.84. The company’s 50-day moving average is $81.26 and its two-hundred day moving average is $78.45.

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.