Avantis International Equity ETF $AVDE Stock Position Lifted by Harbour Investments Inc.

Harbour Investments Inc. grew its position in shares of Avantis International Equity ETF (NYSEARCA:AVDE) by 6.4% during the third quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 626,666 shares of the company’s stock after purchasing an additional 37,928 shares during the period. Avantis International Equity ETF makes up about 0.8% of Harbour Investments Inc.’s holdings, making the stock its 20th largest holding. Harbour Investments Inc.’s holdings in Avantis International Equity ETF were worth $56,469,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also modified their holdings of the company. Fifth Third Bancorp grew its stake in shares of Avantis International Equity ETF by 121.9% in the third quarter. Fifth Third Bancorp now owns 2,802,790 shares of the company’s stock valued at $252,559,000 after buying an additional 1,539,967 shares in the last quarter. Gradient Investments LLC purchased a new stake in shares of Avantis International Equity ETF in the 3rd quarter valued at $132,721,000. Prime Capital Investment Advisors LLC raised its holdings in shares of Avantis International Equity ETF by 267.1% in the 3rd quarter. Prime Capital Investment Advisors LLC now owns 1,704,275 shares of the company’s stock valued at $153,572,000 after buying an additional 1,240,077 shares during the period. Bank of America Corp DE raised its holdings in shares of Avantis International Equity ETF by 32.4% in the 1st quarter. Bank of America Corp DE now owns 4,003,424 shares of the company’s stock valued at $339,650,000 after buying an additional 979,961 shares during the period. Finally, Plancorp LLC purchased a new stake in shares of Avantis International Equity ETF in the 3rd quarter valued at $83,555,000.

Avantis International Equity ETF Trading Up 0.1%

AVDE traded up $0.07 during mid-day trading on Friday, hitting $89.50. 1,557,688 shares of the stock were exchanged, compared to its average volume of 1,137,453. The firm’s fifty day moving average is $90.50 and its two-hundred day moving average is $89.92. Avantis International Equity ETF has a 1-year low of $77.20 and a 1-year high of $94.82. The company has a market cap of $19.72 billion, a PE ratio of 15.06 and a beta of 0.80.

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.