Avantis International Equity ETF $AVDE Shares Sold by Torren Management LLC

Torren Management LLC reduced its stake in shares of Avantis International Equity ETF (NYSEARCA:AVDE) by 27.4% during the 1st quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 255,555 shares of the company’s stock after selling 96,287 shares during the period. Avantis International Equity ETF makes up about 10.8% of Torren Management LLC’s holdings, making the stock its 3rd largest position. Torren Management LLC’s holdings in Avantis International Equity ETF were worth $21,681,000 as of its most recent filing with the SEC.

Other institutional investors and hedge funds have also made changes to their positions in the company. Royal Bank of Canada increased its holdings in shares of Avantis International Equity ETF by 123.9% in the 1st quarter. Royal Bank of Canada now owns 80,754 shares of the company’s stock valued at $5,352,000 after purchasing an additional 44,683 shares in the last quarter. Integrated Wealth Concepts LLC boosted its holdings in Avantis International Equity ETF by 49.2% during the first quarter. Integrated Wealth Concepts LLC now owns 6,692 shares of the company’s stock worth $443,000 after buying an additional 2,206 shares in the last quarter. Cetera Investment Advisers grew its position in Avantis International Equity ETF by 22.3% during the second quarter. Cetera Investment Advisers now owns 4,756 shares of the company’s stock worth $352,000 after buying an additional 868 shares during the period. Baird Financial Group Inc. grew its position in Avantis International Equity ETF by 2.4% during the second quarter. Baird Financial Group Inc. now owns 7,011 shares of the company’s stock worth $519,000 after buying an additional 166 shares during the period. Finally, Quantinno Capital Management LP increased its holdings in Avantis International Equity ETF by 48.1% in the second quarter. Quantinno Capital Management LP now owns 6,013 shares of the company’s stock valued at $445,000 after buying an additional 1,954 shares in the last quarter.

Avantis International Equity ETF Trading Up 0.3%

AVDE stock opened at $89.40 on Friday. The firm has a 50 day moving average of $90.08 and a 200-day moving average of $88.01. Avantis International Equity ETF has a 12-month low of $72.79 and a 12-month high of $92.60. The company has a market cap of $17.21 billion, a price-to-earnings ratio of 14.71 and a beta of 0.78.

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.