Avantis International Equity ETF $AVDE Holdings Raised by Diversified Portfolios Inc.

Diversified Portfolios Inc. raised its holdings in Avantis International Equity ETF (NYSEARCA:AVDE) by 9.6% during the 4th quarter, Holdings Channel.com reports. The firm owned 943,601 shares of the company’s stock after acquiring an additional 82,949 shares during the period. Avantis International Equity ETF accounts for 6.5% of Diversified Portfolios Inc.’s holdings, making the stock its 4th biggest holding. Diversified Portfolios Inc.’s holdings in Avantis International Equity ETF were worth $77,677,000 as of its most recent SEC filing.

Several other hedge funds also recently added to or reduced their stakes in AVDE. Royal Bank of Canada boosted 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 boosted its holdings in Avantis International Equity ETF by 49.2% in the first quarter. Integrated Wealth Concepts LLC now owns 6,692 shares of the company’s stock valued at $443,000 after purchasing an additional 2,206 shares during the last quarter. Cetera Investment Advisers boosted its holdings in Avantis International Equity ETF by 22.3% in the second quarter. Cetera Investment Advisers now owns 4,756 shares of the company’s stock valued at $352,000 after purchasing an additional 868 shares during the last quarter. Baird Financial Group Inc. boosted its stake in shares of Avantis International Equity ETF by 2.4% during the 2nd quarter. Baird Financial Group Inc. now owns 7,011 shares of the company’s stock worth $519,000 after acquiring an additional 166 shares in the last quarter. Finally, Quantinno Capital Management LP boosted its stake in shares of Avantis International Equity ETF by 48.1% during the 2nd quarter. Quantinno Capital Management LP now owns 6,013 shares of the company’s stock worth $445,000 after acquiring an additional 1,954 shares in the last quarter.

Avantis International Equity ETF Price Performance

AVDE stock opened at $90.79 on Tuesday. The company’s 50-day simple moving average is $87.93 and its 200-day simple moving average is $85.78. Avantis International Equity ETF has a 52-week low of $71.38 and a 52-week high of $92.60. The firm has a market cap of $15.94 billion, a P/E ratio of 14.71 and a beta of 0.78.

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.