Avantis International Equity ETF (NYSEARCA:AVDE) Hits New 1-Year High – Here’s What Happened

Avantis International Equity ETF (NYSEARCA:AVDE)’s stock price hit a new 52-week high during mid-day trading on Tuesday . The stock traded as high as $94.62 and last traded at $94.32, with a volume of 805630 shares changing hands. The stock had previously closed at $94.29.

Avantis International Equity ETF Trading Up 0.4%

The firm has a market capitalization of $18.65 billion, a PE ratio of 14.71 and a beta of 0.78. The business has a 50-day moving average of $90.75 and a 200 day moving average of $89.42.

Institutional Inflows and Outflows

Large investors have recently made changes to their positions in the company. Team Financial Group LLC boosted its holdings in Avantis International Equity ETF by 184.5% during the first quarter. Team Financial Group LLC now owns 293 shares of the company’s stock worth $25,000 after purchasing an additional 190 shares during the last quarter. Hantz Financial Services Inc. bought a new stake in Avantis International Equity ETF in the 4th quarter worth about $29,000. RHL Group LLC purchased a new stake in Avantis International Equity ETF in the 4th quarter valued at about $38,000. Western Wealth Management LLC purchased a new stake in Avantis International Equity ETF in the 1st quarter valued at about $42,000. Finally, Abound Wealth Management bought a new position in shares of Avantis International Equity ETF during the 2nd quarter worth approximately $44,000.

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.