Avantis International Equity ETF (NYSEARCA:AVDE) Stock Position Lifted by Bank of New York Mellon Corp

Bank of New York Mellon Corp boosted its stake in shares of Avantis International Equity ETF (NYSEARCA:AVDE) by 12.4% during the fourth quarter, according to its most recent disclosure with the SEC. The institutional investor owned 291,962 shares of the company’s stock after purchasing an additional 32,302 shares during the period. Bank of New York Mellon Corp owned about 0.42% of Avantis International Equity ETF worth $17,918,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Blue Trust Inc. raised its stake in Avantis International Equity ETF by 3.3% during the 4th quarter. Blue Trust Inc. now owns 4,930 shares of the company’s stock valued at $303,000 after purchasing an additional 156 shares during the last quarter. Visionary Horizons LLC raised its stake in Avantis International Equity ETF by 2.1% during the 4th quarter. Visionary Horizons LLC now owns 9,165 shares of the company’s stock valued at $562,000 after purchasing an additional 191 shares during the last quarter. Ifrah Financial Services Inc. raised its stake in Avantis International Equity ETF by 2.6% during the 4th quarter. Ifrah Financial Services Inc. now owns 8,094 shares of the company’s stock valued at $497,000 after purchasing an additional 205 shares during the last quarter. MN Wealth Advisors LLC raised its stake in Avantis International Equity ETF by 2.8% during the 4th quarter. MN Wealth Advisors LLC now owns 8,429 shares of the company’s stock valued at $517,000 after purchasing an additional 230 shares during the last quarter. Finally, Nova R Wealth Inc. increased its holdings in Avantis International Equity ETF by 1.3% in the 4th quarter. Nova R Wealth Inc. now owns 24,124 shares of the company’s stock valued at $1,480,000 after buying an additional 318 shares during the period.

Avantis International Equity ETF Price Performance

Shares of Avantis International Equity ETF stock opened at $66.21 on Wednesday. The company’s fifty day moving average price is $64.18 and its two-hundred day moving average price is $64.34. Avantis International Equity ETF has a 52-week low of $59.02 and a 52-week high of $67.94. The firm has a market capitalization of $5.84 billion, a PE ratio of 15.30 and a beta of 0.92.

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.