55 North Private Wealth LLC Makes New Investment in Avantis International Equity ETF $AVDE

55 North Private Wealth LLC purchased a new position in Avantis International Equity ETF (NYSEARCA:AVDE) in the fourth quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor purchased 305,441 shares of the company’s stock, valued at approximately $25,144,000. Avantis International Equity ETF accounts for 6.6% of 55 North Private Wealth LLC’s portfolio, making the stock its 4th biggest holding. 55 North Private Wealth LLC owned about 0.21% of Avantis International Equity ETF at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Ameriprise Financial Inc. boosted its stake in shares of Avantis International Equity ETF by 357.3% during the 3rd quarter. Ameriprise Financial Inc. now owns 4,932,115 shares of the company’s stock valued at $388,855,000 after buying an additional 3,853,677 shares during the last quarter. Vantagepoint Investment Advisers LLC purchased a new position in shares of Avantis International Equity ETF during the 3rd quarter valued at approximately $232,644,000. Envestnet Asset Management Inc. boosted its stake in shares of Avantis International Equity ETF by 140.6% during the 3rd quarter. Envestnet Asset Management Inc. now owns 4,068,689 shares of the company’s stock valued at $321,020,000 after buying an additional 2,377,932 shares during the last quarter. PNC Financial Services Group Inc. lifted its stake in Avantis International Equity ETF by 345.0% during the third quarter. PNC Financial Services Group Inc. now owns 2,639,746 shares of the company’s stock worth $208,276,000 after purchasing an additional 2,046,558 shares during the last quarter. Finally, Northwestern Mutual Wealth Management Co. lifted its stake in Avantis International Equity ETF by 134.8% during the third quarter. Northwestern Mutual Wealth Management Co. now owns 2,703,438 shares of the company’s stock worth $213,301,000 after purchasing an additional 1,552,177 shares during the last quarter.

Avantis International Equity ETF Price Performance

Shares of AVDE opened at $91.08 on Monday. The business’s fifty day moving average price is $87.80 and its 200 day moving average price is $83.98. Avantis International Equity ETF has a 12-month low of $65.52 and a 12-month high of $92.60. The stock has a market capitalization of $15.65 billion, a PE ratio of 14.71 and a beta of 0.80.

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.