PNC Financial Services Group Inc. Purchases 286,660 Shares of Avantis International Equity ETF $AVDE

PNC Financial Services Group Inc. lifted its position in Avantis International Equity ETF (NYSEARCA:AVDE) by 10.9% during the 4th quarter, HoldingsChannel reports. The institutional investor owned 2,926,406 shares of the company’s stock after acquiring an additional 286,660 shares during the period. PNC Financial Services Group Inc.’s holdings in Avantis International Equity ETF were worth $240,902,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently made changes to their positions in the company. New Dimensions Wealth Management LLC lifted its stake in shares of Avantis International Equity ETF by 2.8% in the fourth quarter. New Dimensions Wealth Management LLC now owns 5,547 shares of the company’s stock worth $457,000 after buying an additional 151 shares in the last quarter. IFP Advisors Inc lifted its stake in shares of Avantis International Equity ETF by 10.6% in the third quarter. IFP Advisors Inc now owns 1,591 shares of the company’s stock worth $126,000 after buying an additional 152 shares in the last quarter. Baird Financial Group Inc. lifted its stake in shares of Avantis International Equity ETF by 2.4% in the second quarter. Baird Financial Group Inc. now owns 7,011 shares of the company’s stock worth $519,000 after buying an additional 166 shares in the last quarter. KKM Financial LLC lifted its stake in shares of Avantis International Equity ETF by 2.5% in the third quarter. KKM Financial LLC now owns 7,020 shares of the company’s stock worth $554,000 after buying an additional 172 shares in the last quarter. Finally, Evanson Asset Management LLC lifted its stake in shares of Avantis International Equity ETF by 0.8% in the fourth quarter. Evanson Asset Management LLC now owns 22,641 shares of the company’s stock worth $1,864,000 after buying an additional 178 shares in the last quarter.

Avantis International Equity ETF Stock Performance

Shares of NYSEARCA AVDE opened at $89.17 on Wednesday. The firm’s 50 day moving average price is $87.56 and its 200-day moving average price is $85.45. The company has a market cap of $15.66 billion, a PE ratio of 14.71 and a beta of 0.78. Avantis International Equity ETF has a 52-week low of $71.38 and a 52-week high of $92.60.

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.