Mendota Financial Group LLC Makes New Investment in Avantis International Equity ETF $AVDE

Mendota Financial Group LLC purchased a new stake in shares of Avantis International Equity ETF (NYSEARCA:AVDE) in the second quarter, according to its most recent disclosure with the SEC. The firm purchased 3,963 shares of the company’s stock, valued at approximately $293,000. Avantis International Equity ETF makes up approximately 0.3% of Mendota Financial Group LLC’s investment portfolio, making the stock its 22nd biggest position.

A number of other hedge funds and other institutional investors also recently modified their holdings of AVDE. Eastern Bank acquired a new stake in shares of Avantis International Equity ETF in the first quarter valued at $31,000. AdvisorNet Financial Inc lifted its holdings in Avantis International Equity ETF by 234.4% in the 2nd quarter. AdvisorNet Financial Inc now owns 642 shares of the company’s stock valued at $48,000 after acquiring an additional 450 shares during the last quarter. JFS Wealth Advisors LLC bought a new position in shares of Avantis International Equity ETF during the 1st quarter valued at about $72,000. NBC Securities Inc. grew its stake in shares of Avantis International Equity ETF by 134,500.0% in the 1st quarter. NBC Securities Inc. now owns 1,346 shares of the company’s stock worth $89,000 after purchasing an additional 1,345 shares during the last quarter. Finally, North Capital Inc. acquired a new position in shares of Avantis International Equity ETF in the 1st quarter worth approximately $93,000.

Avantis International Equity ETF Price Performance

AVDE stock opened at $79.33 on Friday. The firm has a market cap of $8.53 billion, a PE ratio of 14.71 and a beta of 0.94. Avantis International Equity ETF has a 12 month low of $58.56 and a 12 month high of $79.52. The firm has a 50 day simple moving average of $76.95 and a 200 day simple moving average of $72.62.

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.