Summit Financial LLC Has $16.85 Million Holdings in Avantis International Equity ETF $AVDE

Summit Financial LLC boosted its position in Avantis International Equity ETF (NYSEARCA:AVDE) by 5.5% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 204,706 shares of the company’s stock after buying an additional 10,580 shares during the quarter. Summit Financial LLC owned approximately 0.14% of Avantis International Equity ETF worth $16,851,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also bought and sold shares of AVDE. Ameriprise Financial Inc. grew its stake in Avantis International Equity ETF by 357.3% in the 3rd quarter. Ameriprise Financial Inc. now owns 4,932,115 shares of the company’s stock valued at $388,855,000 after buying an additional 3,853,677 shares during the last quarter. PNC Financial Services Group Inc. grew its stake in Avantis International Equity ETF by 345.0% in the 3rd quarter. PNC Financial Services Group Inc. now owns 2,639,746 shares of the company’s stock valued at $208,276,000 after buying an additional 2,046,558 shares during the last quarter. Northwestern Mutual Wealth Management Co. grew its stake in Avantis International Equity ETF by 134.8% in the 3rd quarter. Northwestern Mutual Wealth Management Co. now owns 2,703,438 shares of the company’s stock valued at $213,301,000 after buying an additional 1,552,177 shares during the last quarter. Jane Street Group LLC grew its stake in Avantis International Equity ETF by 952.3% in the 4th quarter. Jane Street Group LLC now owns 1,700,000 shares of the company’s stock valued at $139,944,000 after buying an additional 1,538,445 shares during the last quarter. Finally, Mission Wealth Management LP acquired a new position in Avantis International Equity ETF in the 4th quarter valued at $119,794,000.

Avantis International Equity ETF Trading Up 0.6%

NYSEARCA:AVDE opened at $89.98 on Friday. Avantis International Equity ETF has a 1 year low of $72.08 and a 1 year high of $92.60. The firm’s fifty day simple moving average is $89.74 and its 200 day simple moving average is $86.81. The firm has a market capitalization of $15.80 billion, a PE ratio of 14.71 and a beta of 0.77.

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.