Raymond James Financial Inc. Purchases New Shares in Avantis International Equity ETF (NYSEARCA:AVDE)

Raymond James Financial Inc. acquired a new position in Avantis International Equity ETF (NYSEARCA:AVDE) in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund acquired 281,745 shares of the company’s stock, valued at approximately $17,291,000. Raymond James Financial Inc. owned approximately 0.41% of Avantis International Equity ETF as of its most recent SEC filing.

A number of other institutional investors have also recently bought and sold shares of the business. CIBC Private Wealth Group LLC bought a new stake in shares of Avantis International Equity ETF in the fourth quarter valued at approximately $31,000. Global Wealth Strategies & Associates bought a new stake in shares of Avantis International Equity ETF during the 4th quarter valued at $32,000. Nemes Rush Group LLC bought a new stake in shares of Avantis International Equity ETF during the 4th quarter valued at $38,000. Tucker Asset Management LLC acquired a new stake in shares of Avantis International Equity ETF during the 4th quarter worth $59,000. Finally, Your Advocates Ltd. LLP bought a new position in shares of Avantis International Equity ETF in the fourth quarter worth $63,000.

Avantis International Equity ETF Stock Up 1.1 %

Shares of Avantis International Equity ETF stock opened at $66.27 on Monday. Avantis International Equity ETF has a 12-month low of $58.56 and a 12-month high of $68.81. The company has a market capitalization of $5.94 billion, a price-to-earnings ratio of 14.74 and a beta of 0.83. The firm’s 50-day moving average price is $65.75 and its two-hundred day moving average price is $64.30.

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.