Parallel Advisors LLC Acquires 52,916 Shares of Avantis International Equity ETF $AVDE

Parallel Advisors LLC lifted its holdings in shares of Avantis International Equity ETF (NYSEARCA:AVDE) by 7.5% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 757,051 shares of the company’s stock after acquiring an additional 52,916 shares during the period. Avantis International Equity ETF makes up 1.1% of Parallel Advisors LLC’s holdings, making the stock its 14th biggest holding. Parallel Advisors LLC owned 0.50% of Avantis International Equity ETF worth $62,320,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently made changes to their positions in the business. Wealth Enhancement Advisory Services LLC increased its position in shares of Avantis International Equity ETF by 4.2% during the fourth quarter. Wealth Enhancement Advisory Services LLC now owns 5,102,049 shares of the company’s stock worth $429,545,000 after acquiring an additional 206,717 shares in the last quarter. Ameriprise Financial Inc. increased its position in shares of Avantis International Equity ETF by 357.3% during the third quarter. Ameriprise Financial Inc. now owns 4,932,115 shares of the company’s stock worth $388,855,000 after acquiring an additional 3,853,677 shares in the last quarter. Envestnet Asset Management Inc. increased its position in shares of Avantis International Equity ETF by 140.6% during the third quarter. Envestnet Asset Management Inc. now owns 4,068,689 shares of the company’s stock worth $321,020,000 after acquiring an additional 2,377,932 shares in the last quarter. Corient Private Wealth LLC increased its position in shares of Avantis International Equity ETF by 4.1% during the second quarter. Corient Private Wealth LLC now owns 4,047,220 shares of the company’s stock worth $299,535,000 after acquiring an additional 160,657 shares in the last quarter. Finally, American Century Companies Inc. increased its position in shares of Avantis International Equity ETF by 8.8% during the third quarter. American Century Companies Inc. now owns 3,671,927 shares of the company’s stock worth $289,715,000 after acquiring an additional 295,670 shares in the last quarter.

Avantis International Equity ETF Price Performance

NYSEARCA:AVDE opened at $91.48 on Friday. The firm has a 50-day moving average of $89.13 and a 200-day moving average of $86.43. The company has a market cap of $16.06 billion, a PE ratio of 14.71 and a beta of 0.77. Avantis International Equity ETF has a one year low of $72.08 and a one year 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.