Mendota Financial Group LLC Buys 20,264 Shares of Avantis International Equity ETF $AVDE

Mendota Financial Group LLC grew its stake in Avantis International Equity ETF (NYSEARCA:AVDE) by 220.6% in the 4th quarter, HoldingsChannel reports. The institutional investor owned 29,448 shares of the company’s stock after buying an additional 20,264 shares during the period. Avantis International Equity ETF makes up 1.8% of Mendota Financial Group LLC’s investment portfolio, making the stock its 16th biggest position. Mendota Financial Group LLC’s holdings in Avantis International Equity ETF were worth $2,424,000 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. Great Point Wealth Advisors LLC acquired a new position in shares of Avantis International Equity ETF in the 3rd quarter worth approximately $6,500,000. Advyzon Investment Management LLC increased its position in shares of Avantis International Equity ETF by 110.2% during the third quarter. Advyzon Investment Management LLC now owns 47,714 shares of the company’s stock worth $3,765,000 after buying an additional 25,013 shares during the period. Cerity Partners LLC increased its position 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 buying an additional 33,920 shares during the period. Clarion Wealth Managment Partners LLC raised its stake in Avantis International Equity ETF by 253.9% during the third quarter. Clarion Wealth Managment Partners LLC now owns 44,460 shares of the company’s stock worth $3,508,000 after buying an additional 31,898 shares during the last quarter. Finally, Gradient Investments LLC raised its stake in 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 worth $103,683,000 after buying an additional 109,854 shares during the last quarter.

Avantis International Equity ETF Price Performance

AVDE stock opened at $85.70 on Friday. The firm has a market cap of $14.53 billion, a price-to-earnings ratio of 14.71 and a beta of 0.84. The company’s fifty day simple moving average is $87.51 and its 200 day simple moving average is $83.17. Avantis International Equity ETF has a 12-month low of $58.56 and a 12-month high of $92.60.

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.