Avantis International Equity ETF $AVDE Stock: Prime Capital Investment Advisors LLC Increases Position

Prime Capital Investment Advisors LLC lifted its stake in Avantis International Equity ETF (NYSEARCA:AVDE) by 267.1% in the 3rd quarter, HoldingsChannel reports. The fund owned 1,704,275 shares of the company’s stock after purchasing an additional 1,240,077 shares during the quarter. Avantis International Equity ETF comprises 1.5% of Prime Capital Investment Advisors LLC’s investment portfolio, making the stock its 12th largest position. Prime Capital Investment Advisors LLC’s holdings in Avantis International Equity ETF were worth $153,572,000 as of its most recent SEC filing.

A number of other hedge funds have also recently made changes to their positions in the stock. ARK & TLK Investments LLC boosted its position in Avantis International Equity ETF by 5.1% during the third quarter. ARK & TLK Investments LLC now owns 63,027 shares of the company’s stock valued at $5,679,000 after purchasing an additional 3,074 shares in the last quarter. Freedom Day Solutions LLC bought a new position in Avantis International Equity ETF in the third quarter worth about $962,000. CWA Asset Management Group LLC raised its holdings in Avantis International Equity ETF by 13.3% in the third quarter. CWA Asset Management Group LLC now owns 17,836 shares of the company’s stock worth $1,607,000 after purchasing an additional 2,088 shares in the last quarter. Highland Financial Advisors LLC raised its holdings in Avantis International Equity ETF by 5.8% in the third quarter. Highland Financial Advisors LLC now owns 428,650 shares of the company’s stock worth $38,626,000 after purchasing an additional 23,557 shares in the last quarter. Finally, LexAurum Advisors LLC lifted its position in shares of Avantis International Equity ETF by 8.0% during the third quarter. LexAurum Advisors LLC now owns 41,220 shares of the company’s stock valued at $3,714,000 after buying an additional 3,068 shares during the last quarter.

Avantis International Equity ETF Price Performance

Shares of AVDE stock traded up $0.60 during mid-day trading on Tuesday, hitting $90.10. 373,164 shares of the stock traded hands, compared to its average volume of 1,139,226. Avantis International Equity ETF has a 52-week low of $77.20 and a 52-week high of $94.82. The stock has a market cap of $19.47 billion, a P/E ratio of 14.71 and a beta of 0.79. The stock’s fifty day moving average is $92.20 and its two-hundred day moving average is $90.73.

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.