First National Trust Co Makes New $56.46 Million Investment in Avantis International Equity ETF $AVDE

First National Trust Co bought a new stake in shares of Avantis International Equity ETF (NYSEARCA:AVDE) during the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund bought 715,579 shares of the company’s stock, valued at approximately $56,459,000. Avantis International Equity ETF accounts for about 1.9% of First National Trust Co’s holdings, making the stock its 10th largest holding. First National Trust Co owned 0.55% of Avantis International Equity ETF as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently made changes to their positions in AVDE. Wealth Enhancement Advisory Services LLC increased its position in Avantis International Equity ETF by 3.5% during the 3rd quarter. Wealth Enhancement Advisory Services LLC now owns 4,895,332 shares of the company’s stock valued at $388,738,000 after purchasing an additional 167,127 shares during the period. Envestnet Asset Management Inc. boosted its stake in shares of Avantis International Equity ETF by 140.6% during the 3rd quarter. Envestnet Asset Management Inc. now owns 4,068,689 shares of the company’s stock valued at $321,020,000 after purchasing an additional 2,377,932 shares in the last quarter. Corient Private Wealth LLC boosted its stake in shares of Avantis International Equity ETF by 4.1% during the 2nd quarter. Corient Private Wealth LLC now owns 4,047,221 shares of the company’s stock valued at $299,535,000 after purchasing an additional 160,658 shares in the last quarter. American Century Companies Inc. increased its position in shares of Avantis International Equity ETF by 67.2% during the second quarter. American Century Companies Inc. now owns 3,376,257 shares of the company’s stock valued at $249,877,000 after buying an additional 1,357,155 shares during the period. Finally, Vantagepoint Investment Advisers LLC bought a new position in Avantis International Equity ETF in the third quarter worth about $232,644,000.

Avantis International Equity ETF Stock Performance

Avantis International Equity ETF stock opened at $90.43 on Tuesday. Avantis International Equity ETF has a fifty-two week low of $58.56 and a fifty-two week high of $90.52. The stock’s 50 day simple moving average is $84.22 and its two-hundred day simple moving average is $80.24. The stock has a market cap of $13.64 billion, a price-to-earnings ratio of 14.71 and a beta of 0.84.

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.