Cambridge Investment Research Advisors Inc. Has $2.38 Million Position in Avantis International Equity ETF (NYSEARCA:AVDE)

Cambridge Investment Research Advisors Inc. increased its holdings in Avantis International Equity ETF (NYSEARCA:AVDE) by 11.5% in the 2nd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 38,185 shares of the company’s stock after purchasing an additional 3,953 shares during the period. Cambridge Investment Research Advisors Inc. owned approximately 0.06% of Avantis International Equity ETF worth $2,377,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in the business. USAdvisors Wealth Management LLC grew its holdings in shares of Avantis International Equity ETF by 1.0% in the 1st quarter. USAdvisors Wealth Management LLC now owns 16,790 shares of the company’s stock worth $1,072,000 after purchasing an additional 168 shares during the last quarter. Private Wealth Management Group LLC grew its stake in Avantis International Equity ETF by 1.8% during the first quarter. Private Wealth Management Group LLC now owns 9,594 shares of the company’s stock worth $612,000 after buying an additional 174 shares during the last quarter. Aprio Wealth Management LLC increased its holdings in shares of Avantis International Equity ETF by 3.2% during the second quarter. Aprio Wealth Management LLC now owns 6,040 shares of the company’s stock worth $376,000 after buying an additional 190 shares in the last quarter. Transcendent Capital Group LLC raised its stake in shares of Avantis International Equity ETF by 0.5% in the first quarter. Transcendent Capital Group LLC now owns 39,393 shares of the company’s stock valued at $2,511,000 after acquiring an additional 211 shares during the last quarter. Finally, Financial Symmetry Inc boosted its holdings in shares of Avantis International Equity ETF by 0.3% in the 2nd quarter. Financial Symmetry Inc now owns 84,353 shares of the company’s stock worth $5,252,000 after acquiring an additional 263 shares in the last quarter.

Avantis International Equity ETF Price Performance

AVDE stock opened at $66.16 on Monday. The business has a fifty day moving average price of $63.54 and a 200 day moving average price of $63.25. Avantis International Equity ETF has a fifty-two week low of $52.86 and a fifty-two week high of $66.28. The stock has a market capitalization of $4.58 billion, a price-to-earnings ratio of 11.74 and a beta of 0.82.

About Avantis International Equity ETF

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.