Avantis International Equity ETF $AVDE Shares Acquired by Ameriprise Financial Inc.

Ameriprise Financial Inc. lifted its stake in shares of Avantis International Equity ETF (NYSEARCA:AVDE) by 357.3% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 4,932,115 shares of the company’s stock after acquiring an additional 3,853,677 shares during the quarter. Ameriprise Financial Inc. owned 3.78% of Avantis International Equity ETF worth $388,855,000 at the end of the most recent reporting period.

A number of other hedge funds also recently bought and sold shares of the company. Raymond James Financial Inc. boosted its holdings in shares of Avantis International Equity ETF by 68.2% in the third quarter. Raymond James Financial Inc. now owns 787,011 shares of the company’s stock worth $62,095,000 after buying an additional 319,201 shares during the period. Cardiff Park Advisors LLC boosted its stake in Avantis International Equity ETF by 0.7% in the 3rd quarter. Cardiff Park Advisors LLC now owns 326,725 shares of the company’s stock worth $25,779,000 after purchasing an additional 2,175 shares during the period. Equitable Holdings Inc. grew its position in Avantis International Equity ETF by 33.8% during the 3rd quarter. Equitable Holdings Inc. now owns 25,565 shares of the company’s stock worth $2,017,000 after purchasing an additional 6,452 shares in the last quarter. Barnes Wealth Management Group Inc purchased a new position in Avantis International Equity ETF during the 3rd quarter worth approximately $226,000. Finally, WCG Wealth Advisors LLC raised its stake in Avantis International Equity ETF by 1.7% during the 3rd quarter. WCG Wealth Advisors LLC now owns 324,371 shares of the company’s stock valued at $25,593,000 after purchasing an additional 5,547 shares during the period.

Avantis International Equity ETF Stock Up 1.6%

AVDE opened at $85.32 on Tuesday. The stock has a fifty day moving average of $87.82 and a 200-day moving average of $82.61. The firm has a market capitalization of $12.87 billion, a P/E ratio of 14.71 and a beta of 0.84. Avantis International Equity ETF has a 12-month low of $58.56 and a 12-month high of $92.60.

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.