HighTower Advisors LLC Trims Holdings in Avantis International Equity ETF $AVDE

HighTower Advisors LLC trimmed its position in Avantis International Equity ETF (NYSEARCA:AVDE) by 0.4% during the third quarter, HoldingsChannel reports. The institutional investor owned 2,355,590 shares of the company’s stock after selling 10,441 shares during the period. HighTower Advisors LLC’s holdings in Avantis International Equity ETF were worth $185,856,000 at the end of the most recent reporting period.

A number of other large investors also recently modified their holdings of the company. Glassman Wealth Services bought a new stake in Avantis International Equity ETF during the 2nd quarter worth approximately $25,000. Evolution Wealth Management Inc. bought a new position in shares of Avantis International Equity ETF in the second quarter worth $32,000. Bessemer Group Inc. purchased a new stake in shares of Avantis International Equity ETF in the second quarter worth $57,000. Crewe Advisors LLC bought a new stake in Avantis International Equity ETF during the second quarter valued at $58,000. Finally, Cullen Frost Bankers Inc. purchased a new position in Avantis International Equity ETF during the third quarter worth about $64,000.

Avantis International Equity ETF Stock Up 0.4%

Shares of NYSEARCA AVDE opened at $90.60 on Friday. The stock’s 50-day simple moving average is $84.99 and its two-hundred day simple moving average is $80.65. Avantis International Equity ETF has a twelve month low of $58.56 and a twelve month high of $91.48. The firm has a market capitalization of $13.66 billion, a P/E ratio of 14.71 and a beta of 0.84.

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.