Avantis International Equity ETF $AVDE Shares Purchased by Gradient Investments LLC

Gradient Investments LLC raised its holdings in Avantis International Equity ETF (NYSEARCA:AVDE) by 9.1% during the third quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 1,314,112 shares of the company’s stock after purchasing an additional 109,854 shares during the quarter. Avantis International Equity ETF accounts for about 1.7% of Gradient Investments LLC’s holdings, making the stock its 8th biggest position. Gradient Investments LLC owned approximately 1.07% of Avantis International Equity ETF worth $103,683,000 at the end of the most recent quarter.

A number of other large investors have also modified their holdings of AVDE. Maseco LLP purchased a new stake in shares of Avantis International Equity ETF in the second quarter valued at approximately $129,140,000. American Century Companies Inc. lifted its holdings in Avantis International Equity ETF by 67.2% in the second quarter. American Century Companies Inc. now owns 3,376,257 shares of the company’s stock valued at $249,877,000 after acquiring an additional 1,357,155 shares during the period. Jane Street Group LLC grew its stake in shares of Avantis International Equity ETF by 472.4% during the 1st quarter. Jane Street Group LLC now owns 850,000 shares of the company’s stock worth $56,330,000 after purchasing an additional 701,500 shares during the period. Simplicity Wealth LLC increased its holdings in shares of Avantis International Equity ETF by 110.6% in the 2nd quarter. Simplicity Wealth LLC now owns 821,790 shares of the company’s stock valued at $60,821,000 after purchasing an additional 431,583 shares in the last quarter. Finally, Ameriprise Financial Inc. increased its holdings in shares of Avantis International Equity ETF by 63.9% in the 2nd quarter. Ameriprise Financial Inc. now owns 1,078,438 shares of the company’s stock valued at $79,800,000 after purchasing an additional 420,560 shares in the last quarter.

Avantis International Equity ETF Trading Down 1.6%

AVDE stock opened at $81.17 on Wednesday. The company’s 50-day moving average price is $79.88 and its 200 day moving average price is $77.18. Avantis International Equity ETF has a 52 week low of $58.56 and a 52 week high of $82.78. The company has a market cap of $10.60 billion, a P/E ratio of 14.71 and a beta of 0.84.

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.