PFG Investments LLC Increases Stake in Avantis International Equity ETF (NYSEARCA:AVDE)

PFG Investments LLC grew its stake in Avantis International Equity ETF (NYSEARCA:AVDE) by 23.2% during the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 5,287 shares of the company’s stock after purchasing an additional 997 shares during the period. PFG Investments LLC’s holdings in Avantis International Equity ETF were worth $354,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also made changes to their positions in the company. LRI Investments LLC acquired a new stake in Avantis International Equity ETF during the first quarter valued at $70,000. NBC Securities Inc. grew its position in shares of Avantis International Equity ETF by 17.6% during the 3rd quarter. NBC Securities Inc. now owns 1,471 shares of the company’s stock valued at $98,000 after acquiring an additional 220 shares during the period. O Shaughnessy Asset Management LLC purchased a new position in shares of Avantis International Equity ETF in the 1st quarter valued at about $192,000. Accel Wealth Management acquired a new position in Avantis International Equity ETF in the 1st quarter worth about $207,000. Finally, Sanctuary Advisors LLC purchased a new position in Avantis International Equity ETF during the second quarter worth approximately $214,000.

Avantis International Equity ETF Price Performance

Avantis International Equity ETF stock opened at $64.43 on Wednesday. The stock has a market capitalization of $4.46 billion, a PE ratio of 11.74 and a beta of 0.82. The business has a 50 day simple moving average of $65.58 and a 200-day simple moving average of $64.17. Avantis International Equity ETF has a 12 month low of $53.27 and a 12 month high of $67.83.

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.