JPMorgan Chase & Co. Sells 134,762 Shares of Avantis International Equity ETF (NYSEARCA:AVDE)

JPMorgan Chase & Co. lessened its holdings in Avantis International Equity ETF (NYSEARCA:AVDE) by 58.3% during the third quarter, according to its most recent disclosure with the SEC. The institutional investor owned 96,504 shares of the company’s stock after selling 134,762 shares during the period. JPMorgan Chase & Co. owned 0.14% of Avantis International Equity ETF worth $6,469,000 as of its most recent SEC filing.

Several other large investors also recently added to or reduced their stakes in AVDE. Wilmington Savings Fund Society FSB bought a new stake in shares of Avantis International Equity ETF during the 3rd quarter valued at about $106,000. Advisory Resource Group raised its stake in Avantis International Equity ETF by 3.2% in the third quarter. Advisory Resource Group now owns 73,752 shares of the company’s stock valued at $4,944,000 after purchasing an additional 2,253 shares in the last quarter. Orion Capital Management LLC lifted its position in Avantis International Equity ETF by 1.4% during the third quarter. Orion Capital Management LLC now owns 36,447 shares of the company’s stock valued at $2,443,000 after purchasing an additional 494 shares during the last quarter. Executive Wealth Management LLC purchased a new position in Avantis International Equity ETF in the 3rd quarter worth approximately $26,196,000. Finally, MML Investors Services LLC increased its holdings in shares of Avantis International Equity ETF by 7.2% in the 3rd quarter. MML Investors Services LLC now owns 175,082 shares of the company’s stock worth $11,736,000 after buying an additional 11,813 shares during the last quarter.

Avantis International Equity ETF Stock Performance

Avantis International Equity ETF stock opened at $61.68 on Thursday. Avantis International Equity ETF has a fifty-two week low of $57.97 and a fifty-two week high of $67.83. The firm’s fifty day moving average price is $62.78 and its 200-day moving average price is $63.93. The stock has a market cap of $4.27 billion, a P/E ratio of 11.74 and a beta of 0.82.

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.