Park Avenue Securities LLC Makes New Investment in Avantis International Equity ETF $AVDE

Park Avenue Securities LLC bought a new position in Avantis International Equity ETF (NYSEARCA:AVDE) during the 3rd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund bought 461,298 shares of the company’s stock, valued at approximately $41,568,000.

Other hedge funds have also added to or reduced their stakes in the company. Envestnet Asset Management Inc. increased its holdings in shares of Avantis International Equity ETF by 6.8% during the second quarter. Envestnet Asset Management Inc. now owns 5,248,750 shares of the company’s stock valued at $468,190,000 after acquiring an additional 332,230 shares in the last quarter. Bank of America Corp DE raised its position 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 worth $339,650,000 after purchasing an additional 979,961 shares during the last quarter. PNC Financial Services Group Inc. raised its position in shares of Avantis International Equity ETF by 5.8% in the 1st quarter. PNC Financial Services Group Inc. now owns 3,096,165 shares of the company’s stock worth $262,679,000 after purchasing an additional 169,759 shares during the last quarter. Rockwood Wealth Management LLC raised its position in shares of Avantis International Equity ETF by 2.5% in the 1st quarter. Rockwood Wealth Management LLC now owns 3,008,115 shares of the company’s stock worth $255,208,000 after purchasing an additional 72,655 shares during the last quarter. Finally, Prime Capital Investment Advisors LLC raised its position in shares of Avantis International Equity ETF by 267.1% in the 3rd quarter. Prime Capital Investment Advisors LLC now owns 1,704,275 shares of the company’s stock worth $153,572,000 after purchasing an additional 1,240,077 shares during the last quarter.

Avantis International Equity ETF Price Performance

Shares of Avantis International Equity ETF stock opened at $89.09 on Tuesday. The stock has a market cap of $19.32 billion, a price-to-earnings ratio of 14.71 and a beta of 0.79. The firm’s 50-day moving average is $91.84 and its 200 day moving average is $89.62. Avantis International Equity ETF has a 1 year low of $77.20 and a 1 year high of $94.82.

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.