Park Avenue Securities LLC Acquires 461,298 Shares of Avantis International Equity ETF $AVDE

Park Avenue Securities LLC bought a new stake in shares of Avantis International Equity ETF (NYSEARCA:AVDE) during the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund bought 461,298 shares of the company’s stock, valued at approximately $41,568,000. Park Avenue Securities LLC owned approximately 0.21% of Avantis International Equity ETF at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Team Financial Group LLC increased its stake in shares of Avantis International Equity ETF by 184.5% in the 1st quarter. Team Financial Group LLC now owns 293 shares of the company’s stock worth $25,000 after acquiring an additional 190 shares in the last quarter. TD Waterhouse Canada Inc. purchased a new position in Avantis International Equity ETF during the 3rd quarter valued at about $27,000. Western Wealth Management LLC purchased a new position in Avantis International Equity ETF during the 1st quarter valued at about $42,000. Angeles Wealth Management LLC boosted its stake in Avantis International Equity ETF by 470.6% during the second quarter. Angeles Wealth Management LLC now owns 485 shares of the company’s stock worth $43,000 after acquiring an additional 400 shares in the last quarter. Finally, Abound Wealth Management bought a new stake in Avantis International Equity ETF during the second quarter worth about $44,000.

Avantis International Equity ETF Stock Performance

Shares of AVDE opened at $89.09 on Tuesday. The stock has a market cap of $19.32 billion, a PE ratio of 14.71 and a beta of 0.79. Avantis International Equity ETF has a fifty-two week low of $77.20 and a fifty-two week high of $94.82. The firm’s 50-day simple moving average is $91.84 and its two-hundred day simple moving average is $89.62.

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.