Avantis International Equity ETF $AVDE Shares Bought by Independence Bank of Kentucky

Independence Bank of Kentucky raised its stake in Avantis International Equity ETF (NYSEARCA:AVDE) by 15.0% during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 208,983 shares of the company’s stock after purchasing an additional 27,292 shares during the quarter. Avantis International Equity ETF accounts for 2.1% of Independence Bank of Kentucky’s investment portfolio, making the stock its 9th biggest holding. Independence Bank of Kentucky owned about 0.10% of Avantis International Equity ETF worth $18,641,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors have also modified their holdings of AVDE. Team Financial Group LLC grew its position in Avantis International Equity ETF by 184.5% in the 1st quarter. Team Financial Group LLC now owns 293 shares of the company’s stock valued at $25,000 after buying an additional 190 shares during the last quarter. Hantz Financial Services Inc. purchased a new position in Avantis International Equity ETF during the 4th quarter worth $29,000. RHL Group LLC acquired a new stake in shares of Avantis International Equity ETF in the 4th quarter worth $38,000. Western Wealth Management LLC acquired a new stake in shares of Avantis International Equity ETF in the 1st quarter worth $42,000. Finally, Abound Wealth Management purchased a new stake in shares of Avantis International Equity ETF in the second quarter valued at about $44,000.

Avantis International Equity ETF Stock Down 0.9%

Shares of Avantis International Equity ETF stock opened at $92.81 on Wednesday. The firm has a market cap of $18.49 billion, a price-to-earnings ratio of 14.71 and a beta of 0.78. Avantis International Equity ETF has a 52-week low of $75.68 and a 52-week high of $94.82. The company’s 50-day simple moving average is $91.44 and its 200-day simple moving average is $89.75.

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.