Avantis International Equity ETF $AVDE Shares Bought by Independence Bank of Kentucky

Independence Bank of Kentucky raised its position in Avantis International Equity ETF (NYSEARCA:AVDE) by 8.1% in the third quarter, Holdings Channel.com reports. The institutional investor owned 225,968 shares of the company’s stock after purchasing an additional 16,985 shares during the period. Avantis International Equity ETF comprises approximately 2.3% of Independence Bank of Kentucky’s holdings, making the stock its 9th largest position. Independence Bank of Kentucky’s holdings in Avantis International Equity ETF were worth $20,362,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Envestnet Asset Management Inc. boosted its holdings in shares of Avantis International Equity ETF by 6.8% in the second quarter. Envestnet Asset Management Inc. now owns 5,248,750 shares of the company’s stock valued at $468,190,000 after acquiring an additional 332,230 shares during the period. Bank of America Corp DE increased its holdings in shares of Avantis International Equity ETF by 32.4% in the 1st quarter. Bank of America Corp DE now owns 4,003,424 shares of the company’s stock valued at $339,650,000 after acquiring an additional 979,961 shares during the period. PNC Financial Services Group Inc. increased its holdings in shares of Avantis International Equity ETF by 5.8% in the 1st quarter. PNC Financial Services Group Inc. now owns 3,096,165 shares of the company’s stock valued at $262,679,000 after acquiring an additional 169,759 shares during the period. Rockwood Wealth Management LLC raised its position in Avantis International Equity ETF by 2.5% in the 1st quarter. Rockwood Wealth Management LLC now owns 3,008,115 shares of the company’s stock valued at $255,208,000 after purchasing an additional 72,655 shares during the last quarter. Finally, Advance Capital Management Inc. raised its position in Avantis International Equity ETF by 1,709.5% in the 1st quarter. Advance Capital Management Inc. now owns 1,732,496 shares of the company’s stock valued at $146,985,000 after purchasing an additional 1,636,753 shares during the last quarter.

Avantis International Equity ETF Price Performance

AVDE stock opened at $89.69 on Wednesday. The company has a market cap of $19.48 billion, a price-to-earnings ratio of 14.71 and a beta of 0.79. The company has a fifty day moving average price of $91.64 and a 200 day moving average price of $89.68. Avantis International Equity ETF has a 12 month low of $77.20 and a 12 month high of $94.82.

Avantis International Equity ETF 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.