Avantis International Equity ETF (NYSEARCA:AVDE) Reaches New 1-Year High at $64.17

Avantis International Equity ETF (NYSEARCA:AVDE)’s share price hit a new 52-week high on Thursday . The company traded as high as $64.17 and last traded at $64.14, with a volume of 371515 shares changing hands. The stock had previously closed at $63.65.

Avantis International Equity ETF Trading Up 0.8 %

The business’s fifty day moving average price is $62.71 and its 200 day moving average price is $59.95. The company has a market capitalization of $4.44 billion, a P/E ratio of 11.74 and a beta of 0.82.

Hedge Funds Weigh In On Avantis International Equity ETF

A number of hedge funds and other institutional investors have recently made changes to their positions in AVDE. Cambridge Investment Research Advisors Inc. lifted its holdings in shares of Avantis International Equity ETF by 26.0% during the 3rd quarter. Cambridge Investment Research Advisors Inc. now owns 38,052 shares of the company’s stock worth $2,118,000 after acquiring an additional 7,857 shares during the period. Bank of New York Mellon Corp lifted its holdings in Avantis International Equity ETF by 31.5% during the 3rd quarter. Bank of New York Mellon Corp now owns 86,762 shares of the company’s stock valued at $4,828,000 after purchasing an additional 20,768 shares during the last quarter. Grove Bank & Trust lifted its holdings in Avantis International Equity ETF by 23.8% during the 3rd quarter. Grove Bank & Trust now owns 16,870 shares of the company’s stock valued at $939,000 after purchasing an additional 3,239 shares during the last quarter. Perigon Wealth Management LLC lifted its holdings in Avantis International Equity ETF by 33.0% during the 3rd quarter. Perigon Wealth Management LLC now owns 52,398 shares of the company’s stock valued at $2,916,000 after purchasing an additional 13,006 shares during the last quarter. Finally, SC&H Financial Advisors Inc. lifted its holdings in Avantis International Equity ETF by 2.7% during the 3rd quarter. SC&H Financial Advisors Inc. now owns 257,482 shares of the company’s stock valued at $14,329,000 after purchasing an additional 6,829 shares during the last quarter.

Avantis International Equity ETF Company 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.