Fifth Third Bancorp Acquires 150,782 Shares of Avantis International Equity ETF $AVDE

Fifth Third Bancorp boosted its holdings in Avantis International Equity ETF (NYSEARCA:AVDE) by 30.3% during the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 648,239 shares of the company’s stock after acquiring an additional 150,782 shares during the quarter. Fifth Third Bancorp owned 0.50% of Avantis International Equity ETF worth $51,146,000 at the end of the most recent quarter.

Other hedge funds have also recently added to or reduced their stakes in the company. Glassman Wealth Services bought a new stake in shares of Avantis International Equity ETF in the 2nd quarter valued at approximately $25,000. Evolution Wealth Management Inc. bought a new stake in Avantis International Equity ETF in the second quarter valued at $32,000. Bessemer Group Inc. bought a new stake in Avantis International Equity ETF in the second quarter valued at $57,000. Crewe Advisors LLC acquired a new position in Avantis International Equity ETF during the second quarter worth $58,000. Finally, Cullen Frost Bankers Inc. bought a new position in shares of Avantis International Equity ETF during the third quarter valued at $64,000.

Avantis International Equity ETF Stock Performance

Shares of NYSEARCA:AVDE opened at $90.60 on Tuesday. The company’s fifty day moving average is $85.17 and its 200-day moving average is $80.82. Avantis International Equity ETF has a 52 week low of $58.56 and a 52 week high of $91.48. The company has a market capitalization of $13.66 billion, a PE 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.