Avantis International Equity ETF (NYSEARCA:AVDE) Reaches New 1-Year High at $66.51

Avantis International Equity ETF (NYSEARCA:AVDE) reached a new 52-week high on Thursday . The company traded as high as $66.51 and last traded at $66.42, with a volume of 4423 shares trading hands. The stock had previously closed at $65.38.

Avantis International Equity ETF Trading Down 1.1 %

The firm has a market cap of $4.56 billion, a price-to-earnings ratio of 11.74 and a beta of 0.82. The company has a fifty day moving average price of $64.14 and a 200-day moving average price of $63.65.

Institutional Inflows and Outflows

Several institutional investors have recently bought and sold shares of AVDE. Strategic Financial Concepts LLC increased its holdings in shares of Avantis International Equity ETF by 7,831.7% during the 2nd quarter. Strategic Financial Concepts LLC now owns 4,744,841 shares of the company’s stock valued at $295,414,000 after purchasing an additional 4,685,020 shares in the last quarter. Annex Advisory Services LLC increased its holdings in Avantis International Equity ETF by 115.1% in the second quarter. Annex Advisory Services LLC now owns 4,464,935 shares of the company’s stock valued at $277,987,000 after buying an additional 2,389,558 shares in the last quarter. Magnolia Capital Advisors LLC purchased a new position in Avantis International Equity ETF in the second quarter valued at $27,515,000. Wealth Enhancement Advisory Services LLC raised its position in shares of Avantis International Equity ETF by 8.3% in the first quarter. Wealth Enhancement Advisory Services LLC now owns 4,109,921 shares of the company’s stock worth $261,966,000 after acquiring an additional 316,020 shares during the period. Finally, Cannon Financial Strategists Inc. purchased a new stake in shares of Avantis International Equity ETF during the 2nd quarter worth about $15,976,000.

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.