132,413 Shares in Avantis International Equity ETF $AVDE Purchased by Pacific Excel Wealth Advisors Inc.

Pacific Excel Wealth Advisors Inc. purchased a new position in Avantis International Equity ETF (NYSEARCA:AVDE) during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 132,413 shares of the company’s stock, valued at approximately $11,811,000. Avantis International Equity ETF accounts for 4.6% of Pacific Excel Wealth Advisors Inc.’s holdings, making the stock its 2nd biggest position. Pacific Excel Wealth Advisors Inc. owned approximately 0.07% of Avantis International Equity ETF at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also recently modified their holdings of AVDE. Royal Bank of Canada lifted its holdings in Avantis International Equity ETF by 123.9% during the 1st quarter. Royal Bank of Canada now owns 80,754 shares of the company’s stock valued at $5,352,000 after buying an additional 44,683 shares in the last quarter. Integrated Wealth Concepts LLC increased its position in shares of Avantis International Equity ETF by 49.2% during the first quarter. Integrated Wealth Concepts LLC now owns 6,692 shares of the company’s stock worth $443,000 after acquiring an additional 2,206 shares during the period. Cetera Investment Advisers increased its position in shares of Avantis International Equity ETF by 22.3% during the second quarter. Cetera Investment Advisers now owns 4,756 shares of the company’s stock worth $352,000 after acquiring an additional 868 shares during the period. Baird Financial Group Inc. raised its stake in shares of Avantis International Equity ETF by 2.4% during the second quarter. Baird Financial Group Inc. now owns 7,011 shares of the company’s stock valued at $519,000 after acquiring an additional 166 shares in the last quarter. Finally, Quantinno Capital Management LP raised its stake in shares of Avantis International Equity ETF by 48.1% during the second quarter. Quantinno Capital Management LP now owns 6,013 shares of the company’s stock valued at $445,000 after acquiring an additional 1,954 shares in the last quarter.

Avantis International Equity ETF Trading Up 1.1%

Shares of AVDE stock opened at $92.60 on Wednesday. Avantis International Equity ETF has a twelve month low of $74.07 and a twelve month high of $92.73. The stock has a fifty day simple moving average of $90.00 and a two-hundred day simple moving average of $88.86. The stock has a market capitalization of $18.45 billion, a price-to-earnings ratio of 14.71 and a beta of 0.78.

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.