Stephens Inc. AR Invests $15.91 Million in Avantis International Equity ETF $AVDE

Stephens Inc. AR purchased a new stake in shares of Avantis International Equity ETF (NYSEARCA:AVDE) in the 1st quarter, HoldingsChannel reports. The institutional investor purchased 187,536 shares of the company’s stock, valued at approximately $15,911,000.

Other institutional investors have also made changes to their positions in the company. Clearwater Capital Advisors LLC increased its holdings in Avantis International Equity ETF by 0.6% in the fourth quarter. Clearwater Capital Advisors LLC now owns 22,552 shares of the company’s stock worth $1,856,000 after buying an additional 132 shares during the last quarter. New Dimensions Wealth Management LLC lifted its stake in Avantis International Equity ETF by 2.8% in the fourth quarter. New Dimensions Wealth Management LLC now owns 5,547 shares of the company’s stock valued at $457,000 after acquiring an additional 151 shares during the last quarter. IFP Advisors Inc lifted its stake in Avantis International Equity ETF by 10.6% in the third quarter. IFP Advisors Inc now owns 1,591 shares of the company’s stock valued at $126,000 after acquiring an additional 152 shares during the last quarter. Baird Financial Group Inc. lifted its stake in Avantis International Equity ETF by 2.4% in the second quarter. Baird Financial Group Inc. now owns 7,011 shares of the company’s stock valued at $519,000 after acquiring an additional 166 shares during the last quarter. Finally, KKM Financial LLC grew its position in Avantis International Equity ETF by 2.5% in the third quarter. KKM Financial LLC now owns 7,020 shares of the company’s stock worth $554,000 after acquiring an additional 172 shares in the last quarter.

Avantis International Equity ETF Price Performance

Shares of AVDE opened at $89.92 on Monday. The company’s fifty day moving average is $89.99 and its 200-day moving average is $87.76. Avantis International Equity ETF has a 12 month low of $72.79 and a 12 month high of $92.60. The firm has a market cap of $17.29 billion, a price-to-earnings ratio of 14.71 and a beta of 0.78.

Avantis International Equity ETF Company 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.