Royal Bank of Canada Acquires 150,251 Shares of Avantis International Equity ETF $AVDE

Royal Bank of Canada lifted its holdings in Avantis International Equity ETF (NYSEARCA:AVDE) by 77.5% during the 1st quarter, according to its most recent disclosure with the SEC. The institutional investor owned 344,035 shares of the company’s stock after acquiring an additional 150,251 shares during the period. Royal Bank of Canada owned approximately 0.20% of Avantis International Equity ETF worth $29,188,000 as of its most recent filing with the SEC.

Other hedge funds have also bought and sold shares of the company. EverSource Wealth Advisors LLC grew its position in shares of Avantis International Equity ETF by 19.6% during the 4th quarter. EverSource Wealth Advisors LLC now owns 186,126 shares of the company’s stock worth $15,322,000 after purchasing an additional 30,539 shares in the last quarter. Elyxium Wealth LLC bought a new position in shares of Avantis International Equity ETF during the fourth quarter worth approximately $7,587,000. Apella Capital LLC raised its position in shares of Avantis International Equity ETF by 7.9% in the fourth quarter. Apella Capital LLC now owns 682,150 shares of the company’s stock valued at $56,155,000 after buying an additional 49,699 shares in the last quarter. UBS Group AG raised its position in shares of Avantis International Equity ETF by 8.6% in the fourth quarter. UBS Group AG now owns 1,061,289 shares of the company’s stock valued at $87,365,000 after buying an additional 83,675 shares in the last quarter. Finally, Novem Group bought a new stake in shares of Avantis International Equity ETF in the fourth quarter valued at approximately $4,870,000.

Avantis International Equity ETF Price Performance

Shares of NYSEARCA:AVDE opened at $92.60 on Wednesday. The business’s 50 day simple moving average is $90.00 and its 200 day simple moving average is $88.86. Avantis International Equity ETF has a 1 year low of $74.07 and a 1 year high of $92.73. The company has a market capitalization of $18.45 billion, a P/E ratio of 14.71 and a beta of 0.78.

Avantis International Equity ETF 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.