Hilltop Holdings Inc. Makes New Investment in Avantis International Equity ETF $AVDE

Hilltop Holdings Inc. purchased a new stake in Avantis International Equity ETF (NYSEARCA:AVDE) in the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm purchased 9,790 shares of the company’s stock, valued at approximately $831,000.

A number of other hedge funds have also recently made changes to their positions in AVDE. Team Financial Group LLC increased its holdings in shares of Avantis International Equity ETF by 184.5% in the first quarter. Team Financial Group LLC now owns 293 shares of the company’s stock worth $25,000 after purchasing an additional 190 shares during the period. Hantz Financial Services Inc. bought a new stake in Avantis International Equity ETF during the fourth quarter valued at $29,000. RHL Group LLC purchased a new position in Avantis International Equity ETF during the fourth quarter worth about $38,000. US Bancorp DE purchased a new position in Avantis International Equity ETF during the third quarter worth about $47,000. Finally, Investment Research & Advisory Group Inc. purchased a new position in Avantis International Equity ETF during the fourth quarter worth about $48,000.

Avantis International Equity ETF Price Performance

Shares of NYSEARCA AVDE opened at $89.81 on Monday. The stock’s 50-day simple moving average is $89.96 and its two-hundred day simple moving average is $88.55. Avantis International Equity ETF has a twelve month low of $72.79 and a twelve month high of $92.60. The firm has a market capitalization of $17.75 billion, a P/E ratio of 14.71 and a beta of 0.78.

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.