Bank of New York Mellon Corp Acquires 37,375 Shares of Avantis International Equity ETF (NYSEARCA:AVDE)

Bank of New York Mellon Corp raised its stake in shares of Avantis International Equity ETF (NYSEARCA:AVDE) by 12.8% during the first quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 329,337 shares of the company’s stock after purchasing an additional 37,375 shares during the period. Bank of New York Mellon Corp owned 0.36% of Avantis International Equity ETF worth $21,825,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds and other institutional investors have also recently modified their holdings of the business. CIBC Private Wealth Group LLC purchased a new stake in shares of Avantis International Equity ETF during the 4th quarter valued at $31,000. Nemes Rush Group LLC acquired a new position in Avantis International Equity ETF in the fourth quarter valued at approximately $38,000. Tucker Asset Management LLC acquired a new position in Avantis International Equity ETF in the fourth quarter valued at approximately $59,000. JFS Wealth Advisors LLC acquired a new stake in shares of Avantis International Equity ETF in the first quarter valued at $72,000. Finally, Park Square Financial Group LLC acquired a new stake in shares of Avantis International Equity ETF in the fourth quarter valued at $77,000.

Avantis International Equity ETF Trading Up 0.2%

Shares of NYSEARCA:AVDE opened at $73.73 on Friday. The firm has a 50 day simple moving average of $73.01 and a 200-day simple moving average of $67.91. The company has a market capitalization of $7.54 billion, a PE ratio of 14.71 and a beta of 0.94. Avantis International Equity ETF has a twelve month low of $58.56 and a twelve month high of $74.58.

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.