Avantis International Equity ETF (NYSEARCA:AVDE) Shares Purchased by Truepoint Inc.

Truepoint Inc. raised its stake in shares of Avantis International Equity ETF (NYSEARCA:AVDE) by 19.7% during the fourth quarter, HoldingsChannel reports. The fund owned 18,777 shares of the company’s stock after acquiring an additional 3,088 shares during the quarter. Truepoint Inc.’s holdings in Avantis International Equity ETF were worth $1,152,000 as of its most recent SEC filing.

Several other hedge funds also recently added to or reduced their stakes in AVDE. Truist Financial Corp lifted its position in shares of Avantis International Equity ETF by 12.9% during the fourth quarter. Truist Financial Corp now owns 11,147 shares of the company’s stock worth $684,000 after purchasing an additional 1,273 shares during the last quarter. Pacific Life Fund Advisors LLC raised its stake in Avantis International Equity ETF by 4.0% during the fourth quarter. Pacific Life Fund Advisors LLC now owns 675,155 shares of the company’s stock valued at $41,434,000 after buying an additional 26,144 shares in the last quarter. SC&H Financial Advisors Inc. lifted its holdings in Avantis International Equity ETF by 5.2% during the 4th quarter. SC&H Financial Advisors Inc. now owns 338,357 shares of the company’s stock worth $20,765,000 after buying an additional 16,710 shares during the last quarter. Atria Wealth Solutions Inc. acquired a new position in shares of Avantis International Equity ETF in the 4th quarter worth approximately $234,000. Finally, Raymond James Financial Inc. bought a new stake in shares of Avantis International Equity ETF in the 4th quarter valued at approximately $17,291,000.

Avantis International Equity ETF Trading Down 0.7 %

AVDE stock opened at $68.04 on Friday. The stock’s 50 day simple moving average is $65.02 and its 200 day simple moving average is $64.45. Avantis International Equity ETF has a 12-month low of $59.02 and a 12-month high of $68.81. The firm has a market cap of $6.12 billion, a P/E ratio of 14.81 and a beta of 0.91.

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.