Granite Islands Private Wealth LLC Purchases 6,131 Shares of Avantis International Equity ETF $AVDE

Granite Islands Private Wealth LLC acquired a new position in shares of Avantis International Equity ETF (NYSEARCA:AVDE) during the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor acquired 6,131 shares of the company’s stock, valued at approximately $552,000.

Several other hedge funds have also modified their holdings of the stock. Align Financial LLC purchased a new stake in Avantis International Equity ETF during the 4th quarter worth about $1,117,525,000. Corient Private Wealth LLC boosted its stake in shares of Avantis International Equity ETF by 61.5% in the 4th quarter. Corient Private Wealth LLC now owns 5,824,926 shares of the company’s stock valued at $479,508,000 after buying an additional 2,219,229 shares during the period. Envestnet Asset Management Inc. boosted its stake in shares of Avantis International Equity ETF by 6.8% in the 2nd quarter. Envestnet Asset Management Inc. now owns 5,248,750 shares of the company’s stock valued at $468,190,000 after buying an additional 332,230 shares during the period. Bank of America Corp DE boosted its stake in shares of Avantis International Equity ETF by 32.4% in the 1st quarter. Bank of America Corp DE now owns 4,003,424 shares of the company’s stock valued at $339,650,000 after buying an additional 979,961 shares during the period. Finally, PNC Financial Services Group Inc. grew its position in shares of Avantis International Equity ETF by 5.8% during the first quarter. PNC Financial Services Group Inc. now owns 3,096,165 shares of the company’s stock worth $262,679,000 after buying an additional 169,759 shares in the last quarter.

Avantis International Equity ETF Stock Performance

AVDE stock opened at $89.89 on Friday. The company’s 50 day moving average price is $92.36 and its 200 day moving average price is $90.65. Avantis International Equity ETF has a fifty-two week low of $77.20 and a fifty-two week high of $94.82. The firm has a market capitalization of $19.39 billion, a price-to-earnings ratio of 14.71 and a beta of 0.79.

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.