Harbor Investment Advisory LLC Increases Stock Position in Avantis International Equity ETF $AVDE

Harbor Investment Advisory LLC raised its holdings in shares of Avantis International Equity ETF (NYSEARCA:AVDE) by 737.9% during the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 18,350 shares of the company’s stock after purchasing an additional 16,160 shares during the period. Harbor Investment Advisory LLC’s holdings in Avantis International Equity ETF were worth $1,448,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also modified their holdings of AVDE. Maseco LLP bought a new position in shares of Avantis International Equity ETF during the second quarter valued at $129,140,000. American Century Companies Inc. raised its position in Avantis International Equity ETF by 67.2% in the 2nd quarter. American Century Companies Inc. now owns 3,376,257 shares of the company’s stock worth $249,877,000 after buying an additional 1,357,155 shares during the last quarter. Simplicity Wealth LLC lifted its stake in Avantis International Equity ETF by 110.6% during the 2nd quarter. Simplicity Wealth LLC now owns 821,790 shares of the company’s stock valued at $60,821,000 after acquiring an additional 431,583 shares during the period. Ameriprise Financial Inc. lifted its stake in Avantis International Equity ETF by 63.9% during the 2nd quarter. Ameriprise Financial Inc. now owns 1,078,438 shares of the company’s stock valued at $79,800,000 after acquiring an additional 420,560 shares during the period. Finally, ACT Advisors LLC. purchased a new stake in shares of Avantis International Equity ETF during the 2nd quarter valued at about $29,654,000.

Avantis International Equity ETF Stock Down 0.5%

AVDE opened at $84.83 on Wednesday. The firm has a 50 day moving average price of $81.38 and a 200-day moving average price of $78.53. Avantis International Equity ETF has a twelve month low of $58.56 and a twelve month high of $85.26. The stock has a market capitalization of $12.09 billion, a price-to-earnings ratio of 14.71 and a beta of 0.84.

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.