Fifth Third Securities Inc. Buys 26,541 Shares of Avantis International Equity ETF $AVDE

Fifth Third Securities Inc. raised its stake in Avantis International Equity ETF (NYSEARCA:AVDE) by 175.4% during the third quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 41,672 shares of the company’s stock after acquiring an additional 26,541 shares during the period. Fifth Third Securities Inc.’s holdings in Avantis International Equity ETF were worth $3,288,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also made changes to their positions in AVDE. Corient Private Wealth LLC increased its holdings in shares of Avantis International Equity ETF by 4.1% in the second quarter. Corient Private Wealth LLC now owns 4,047,221 shares of the company’s stock worth $299,535,000 after purchasing an additional 160,658 shares during the last quarter. American Century Companies Inc. grew its holdings in Avantis International Equity ETF by 67.2% during the 2nd quarter. American Century Companies Inc. now owns 3,376,257 shares of the company’s stock valued at $249,877,000 after buying an additional 1,357,155 shares in the last quarter. Bank of America Corp DE increased its stake in Avantis International Equity ETF by 18.8% in the 2nd quarter. Bank of America Corp DE now owns 2,255,718 shares of the company’s stock worth $166,946,000 after acquiring an additional 356,773 shares during the last quarter. Maseco LLP purchased a new stake in shares of Avantis International Equity ETF during the 2nd quarter worth approximately $129,140,000. Finally, Envestnet Asset Management Inc. boosted its position in shares of Avantis International Equity ETF by 22.7% during the 2nd quarter. Envestnet Asset Management Inc. now owns 1,690,757 shares of the company’s stock valued at $125,133,000 after acquiring an additional 313,133 shares during the last quarter.

Avantis International Equity ETF Stock Performance

Shares of AVDE opened at $81.69 on Friday. The stock has a market capitalization of $10.67 billion, a PE ratio of 14.71 and a beta of 0.84. The company’s fifty day moving average is $80.02 and its 200 day moving average is $77.31. Avantis International Equity ETF has a fifty-two week low of $58.56 and a fifty-two week high of $82.78.

Avantis International Equity ETF 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.