Versant Capital Management Inc Has $47.82 Million Position in Avantis International Equity ETF $AVDE

Versant Capital Management Inc reduced its stake in Avantis International Equity ETF (NYSEARCA:AVDE) by 6.6% during the 3rd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 606,096 shares of the company’s stock after selling 42,506 shares during the quarter. Avantis International Equity ETF comprises 6.5% of Versant Capital Management Inc’s holdings, making the stock its largest position. Versant Capital Management Inc’s holdings in Avantis International Equity ETF were worth $47,821,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds have also recently bought and sold shares of the company. Royal Bank of Canada boosted its stake in Avantis International Equity ETF by 123.9% in the 1st quarter. Royal Bank of Canada now owns 80,754 shares of the company’s stock valued at $5,352,000 after purchasing an additional 44,683 shares during the period. Integrated Wealth Concepts LLC lifted its holdings in shares of Avantis International Equity ETF by 49.2% during the first quarter. Integrated Wealth Concepts LLC now owns 6,692 shares of the company’s stock worth $443,000 after buying an additional 2,206 shares in the last quarter. RMR Wealth Builders acquired a new stake in shares of Avantis International Equity ETF during the second quarter worth $408,000. IAM Advisory LLC boosted its position in shares of Avantis International Equity ETF by 113.2% in the second quarter. IAM Advisory LLC now owns 403,623 shares of the company’s stock valued at $29,872,000 after acquiring an additional 214,294 shares during the period. Finally, Lifestyle Asset Management Inc. acquired a new position in shares of Avantis International Equity ETF in the second quarter valued at about $6,441,000.

Avantis International Equity ETF Stock Down 0.5%

Shares of Avantis International Equity ETF stock opened at $84.83 on Wednesday. The stock has a market capitalization of $12.18 billion, a price-to-earnings ratio of 14.71 and a beta of 0.84. Avantis International Equity ETF has a twelve month low of $58.56 and a twelve month high of $85.26. The company has a 50-day simple moving average of $81.38 and a two-hundred day simple moving average of $78.53.

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.