Parallel Advisors LLC boosted its position in Avantis International Equity ETF (NYSEARCA:AVDE – Free Report) by 7.5% in the fourth quarter, according to its most recent filing with the SEC. The institutional investor owned 757,051 shares of the company’s stock after purchasing an additional 52,916 shares during the period. Avantis International Equity ETF comprises 1.1% of Parallel Advisors LLC’s investment portfolio, making the stock its 14th biggest position. Parallel Advisors LLC’s holdings in Avantis International Equity ETF were worth $62,320,000 at the end of the most recent reporting period.
A number of other institutional investors have also added to or reduced their stakes in AVDE. Hantz Financial Services Inc. bought a new stake in Avantis International Equity ETF in the 4th quarter worth about $29,000. RHL Group LLC bought a new stake in Avantis International Equity ETF in the 4th quarter worth about $38,000. US Bancorp DE bought a new stake in Avantis International Equity ETF in the 3rd quarter worth about $47,000. Investment Research & Advisory Group Inc. bought a new stake in Avantis International Equity ETF in the 4th quarter worth about $48,000. Finally, Annis Gardner Whiting Capital Advisors LLC bought a new stake in Avantis International Equity ETF in the 4th quarter worth about $56,000.
Avantis International Equity ETF Stock Performance
Shares of AVDE stock opened at $91.48 on Friday. Avantis International Equity ETF has a 52-week low of $72.08 and a 52-week high of $92.60. The company has a 50-day simple moving average of $89.13 and a two-hundred day simple moving average of $86.43. The company has a market capitalization of $16.06 billion, a price-to-earnings ratio of 14.71 and a beta of 0.77.
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.
Recommended Stories
- Five stocks we like better than Avantis International Equity ETF
- The Great AI Server Rotation Puts Hewlett Packard Enterprise and Super Micro Computer in Focus
- Generac’s AI Power Pivot Raises a Bigger Question About Data Center Demand
- Medtronic Bottoms, Healthy Rebound Ahead
- GitLab’s Price Recovery Gains Traction—Time to Get On Board?
Want to see what other hedge funds are holding AVDE? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Avantis International Equity ETF (NYSEARCA:AVDE – Free Report).
Receive News & Ratings for Avantis International Equity ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Avantis International Equity ETF and related companies with MarketBeat.com's FREE daily email newsletter.
