Jacobi Capital Management LLC Sells 1,151 Shares of Avantis International Equity ETF $AVDE

Jacobi Capital Management LLC cut its holdings in Avantis International Equity ETF (NYSEARCA:AVDE) by 23.2% during the 1st quarter, according to its most recent disclosure with the SEC. The institutional investor owned 3,808 shares of the company’s stock after selling 1,151 shares during the period. Jacobi Capital Management LLC’s holdings in Avantis International Equity ETF were worth $252,000 as of its most recent filing with the SEC.

Other institutional investors and hedge funds have also modified their holdings of the company. Cambridge Investment Research Advisors Inc. grew its stake in shares of Avantis International Equity ETF by 11.5% in the first quarter. Cambridge Investment Research Advisors Inc. now owns 22,005 shares of the company’s stock valued at $1,458,000 after acquiring an additional 2,268 shares in the last quarter. Brown Advisory Inc. acquired a new position in shares of Avantis International Equity ETF in the first quarter valued at about $687,000. Avantax Advisory Services Inc. acquired a new position in shares of Avantis International Equity ETF in the first quarter valued at about $205,000. Spire Wealth Management acquired a new position in shares of Avantis International Equity ETF in the first quarter valued at about $347,000. Finally, Bank of New York Mellon Corp grew its stake in shares of Avantis International Equity ETF by 12.8% in the first quarter. Bank of New York Mellon Corp now owns 329,337 shares of the company’s stock valued at $21,825,000 after acquiring an additional 37,375 shares in the last quarter.

Avantis International Equity ETF Stock Performance

AVDE stock opened at $78.41 on Friday. The company’s 50-day simple moving average is $75.72 and its 200 day simple moving average is $71.50. Avantis International Equity ETF has a 52 week low of $58.56 and a 52 week high of $78.73. The company has a market capitalization of $8.43 billion, a PE ratio of 14.71 and a beta of 0.94.

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.