Raymond James Financial Inc. Takes Position in Avantis International Equity ETF (NYSEARCA:AVDE)

Raymond James Financial Inc. purchased a new stake in Avantis International Equity ETF (NYSEARCA:AVDE) during the fourth quarter, according to its most recent 13F filing with the SEC. The firm purchased 281,745 shares of the company’s stock, valued at approximately $17,291,000. Raymond James Financial Inc. owned approximately 0.41% of Avantis International Equity ETF as of its most recent filing with the SEC.

A number of other institutional investors have also modified their holdings of AVDE. Blue Trust Inc. boosted its stake in Avantis International Equity ETF by 3.3% in the 4th quarter. Blue Trust Inc. now owns 4,930 shares of the company’s stock worth $303,000 after purchasing an additional 156 shares in the last quarter. Visionary Horizons LLC lifted 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 acquiring an additional 191 shares during the period. Ifrah Financial Services Inc. lifted 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 acquiring an additional 205 shares during the period. MN Wealth Advisors LLC lifted 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 acquiring an additional 230 shares during the period. Finally, Nova R Wealth Inc. lifted its stake in Avantis International Equity ETF by 1.3% during the 4th quarter. Nova R Wealth Inc. now owns 24,124 shares of the company’s stock valued at $1,480,000 after acquiring an additional 318 shares during the period.

Avantis International Equity ETF Trading Up 1.2 %

Shares of NYSEARCA AVDE opened at $68.25 on Tuesday. The stock has a market cap of $6.14 billion, a price-to-earnings ratio of 14.81 and a beta of 0.91. The company has a 50 day simple moving average of $64.62 and a two-hundred day simple moving average of $64.38. Avantis International Equity ETF has a 12 month low of $59.02 and a 12 month high of $68.43.

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.