JPMorgan Chase & Co. Grows Stake in Avantis International Equity ETF $AVDE

JPMorgan Chase & Co. grew its position in Avantis International Equity ETF (NYSEARCA:AVDE) by 21.5% in the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 211,006 shares of the company’s stock after buying an additional 37,319 shares during the quarter. JPMorgan Chase & Co. owned 0.16% of Avantis International Equity ETF worth $16,648,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also made changes to their positions in the company. BWM Planning LLC boosted its position in shares of Avantis International Equity ETF by 58.7% in the 2nd quarter. BWM Planning LLC now owns 262,780 shares of the company’s stock worth $19,448,000 after purchasing an additional 97,229 shares in the last quarter. Assetmark Inc. boosted its holdings in Avantis International Equity ETF by 433.2% in the second quarter. Assetmark Inc. now owns 997 shares of the company’s stock worth $74,000 after acquiring an additional 810 shares in the last quarter. Great Point Wealth Advisors LLC acquired a new stake in Avantis International Equity ETF in the third quarter worth about $6,500,000. Cerity Partners LLC grew its stake in shares of Avantis International Equity ETF by 5.2% during the second quarter. Cerity Partners LLC now owns 691,229 shares of the company’s stock worth $51,158,000 after acquiring an additional 33,920 shares during the last quarter. Finally, Gradient Investments LLC increased its holdings in shares of Avantis International Equity ETF by 9.1% during the third quarter. Gradient Investments LLC now owns 1,314,112 shares of the company’s stock valued at $103,683,000 after acquiring an additional 109,854 shares in the last quarter.

Avantis International Equity ETF Stock Down 3.1%

AVDE stock opened at $87.91 on Wednesday. The stock has a market capitalization of $13.26 billion, a PE ratio of 14.71 and a beta of 0.84. Avantis International Equity ETF has a 52 week low of $58.56 and a 52 week high of $92.60. The firm has a 50 day moving average of $87.21 and a 200 day moving average of $82.03.

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.