International City Management Association Retirement Corp Purchases New Stake in Avantis International Equity ETF $AVDE

International City Management Association Retirement Corp acquired a new position in shares of Avantis International Equity ETF (NYSEARCA:AVDE) during the third quarter, HoldingsChannel reports. The firm acquired 271,813 shares of the company’s stock, valued at approximately $24,493,000. Avantis International Equity ETF accounts for approximately 5.5% of International City Management Association Retirement Corp’s portfolio, making the stock its 5th biggest position.

Other large investors also recently made changes to their positions in the company. Team Financial Group LLC grew its stake in shares of Avantis International Equity ETF by 184.5% in the first quarter. Team Financial Group LLC now owns 293 shares of the company’s stock valued at $25,000 after buying an additional 190 shares in the last quarter. TD Waterhouse Canada Inc. bought a new stake in Avantis International Equity ETF during the third quarter worth $27,000. Angeles Wealth Management LLC raised its position in Avantis International Equity ETF by 470.6% during the second quarter. Angeles Wealth Management LLC now owns 485 shares of the company’s stock worth $43,000 after acquiring an additional 400 shares in the last quarter. Abound Wealth Management bought a new stake in Avantis International Equity ETF during the second quarter worth $44,000. Finally, Western Wealth Management LLC bought a new stake in Avantis International Equity ETF during the first quarter worth $42,000.

Avantis International Equity ETF Price Performance

Shares of AVDE stock opened at $89.09 on Tuesday. The stock has a market cap of $19.32 billion, a P/E ratio of 14.71 and a beta of 0.79. The company has a fifty day moving average price of $91.84 and a two-hundred day moving average price of $89.62. Avantis International Equity ETF has a one year low of $77.20 and a one year high of $94.82.

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.