Avantis International Equity ETF $AVDE Stock Sold by Parallel Advisors LLC

Parallel Advisors LLC reduced its position in shares of Avantis International Equity ETF (NYSEARCA:AVDE) by 7.8% in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 964,446 shares of the company’s stock after selling 81,699 shares during the period. Avantis International Equity ETF makes up approximately 1.2% of Parallel Advisors LLC’s investment portfolio, making the stock its 11th biggest position. Parallel Advisors LLC owned 0.44% of Avantis International Equity ETF worth $86,906,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. HB Wealth Management LLC boosted its stake in Avantis International Equity ETF by 1.7% in the second quarter. HB Wealth Management LLC now owns 1,693,261 shares of the company’s stock valued at $151,039,000 after buying an additional 28,334 shares in the last quarter. Waverly Advisors LLC grew its position in Avantis International Equity ETF by 41.4% in the second quarter. Waverly Advisors LLC now owns 1,222,477 shares of the company’s stock valued at $109,045,000 after acquiring an additional 357,998 shares during the last quarter. Activest Wealth Management raised its stake in Avantis International Equity ETF by 10.8% during the third quarter. Activest Wealth Management now owns 182,992 shares of the company’s stock worth $16,489,000 after acquiring an additional 17,808 shares in the last quarter. Pinnacle Associates Ltd. acquired a new position in Avantis International Equity ETF during the third quarter worth about $522,000. Finally, RVW Wealth LLC raised its stake in Avantis International Equity ETF by 21.8% during the third quarter. RVW Wealth LLC now owns 356,653 shares of the company’s stock worth $32,138,000 after acquiring an additional 63,854 shares in the last quarter.

Avantis International Equity ETF Stock Down 0.6%

Shares of AVDE stock traded down $0.55 on Friday, reaching $87.71. The company had a trading volume of 1,383,863 shares, compared to its average volume of 1,139,635. The stock has a market capitalization of $19.15 billion, a PE ratio of 14.71 and a beta of 0.80. Avantis International Equity ETF has a one year low of $77.20 and a one year high of $94.82. The business’s 50-day moving average is $90.89 and its 200 day moving average is $89.85.

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.