PNC Financial Services Group Inc. Increases Stock Position in Avantis International Equity ETF $AVDE

PNC Financial Services Group Inc. raised its holdings in Avantis International Equity ETF (NYSEARCA:AVDE) by 5.8% during the 1st quarter, Holdings Channel reports. The firm owned 3,096,165 shares of the company’s stock after purchasing an additional 169,759 shares during the quarter. PNC Financial Services Group Inc.’s holdings in Avantis International Equity ETF were worth $262,679,000 at the end of the most recent reporting period.

Several other large investors have also modified their holdings of the business. EverSource Wealth Advisors LLC raised its stake in Avantis International Equity ETF by 19.6% in the 4th quarter. EverSource Wealth Advisors LLC now owns 186,126 shares of the company’s stock valued at $15,322,000 after purchasing an additional 30,539 shares during the last quarter. Elyxium Wealth LLC purchased a new position in Avantis International Equity ETF in the 4th quarter valued at about $7,587,000. Apella Capital LLC boosted its stake in shares of Avantis International Equity ETF by 7.9% during the 4th quarter. Apella Capital LLC now owns 682,150 shares of the company’s stock worth $56,155,000 after purchasing an additional 49,699 shares during the last quarter. UBS Group AG boosted its stake in shares of Avantis International Equity ETF by 8.6% during the 4th quarter. UBS Group AG now owns 1,061,289 shares of the company’s stock worth $87,365,000 after purchasing an additional 83,675 shares during the last quarter. Finally, Novem Group purchased a new stake in shares of Avantis International Equity ETF during the fourth quarter worth about $4,870,000.

Avantis International Equity ETF Price Performance

NYSEARCA:AVDE opened at $90.00 on Wednesday. The firm has a 50 day simple moving average of $90.01 and a 200-day simple moving average of $88.41. The firm has a market cap of $17.71 billion, a PE ratio of 14.71 and a beta of 0.78. Avantis International Equity ETF has a 1-year low of $72.79 and a 1-year high of $92.60.

Avantis International Equity ETF Company 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.