Torren Management LLC Invests $28.96 Million in Avantis International Equity ETF $AVDE

Torren Management LLC purchased a new position in shares of Avantis International Equity ETF (NYSEARCA:AVDE) in the fourth quarter, according to its most recent disclosure with the SEC. The firm purchased 351,842 shares of the company’s stock, valued at approximately $28,964,000. Avantis International Equity ETF makes up 14.8% of Torren Management LLC’s investment portfolio, making the stock its largest position. Torren Management LLC owned 0.24% of Avantis International Equity ETF as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Great Point Wealth Advisors LLC purchased a new stake in shares of Avantis International Equity ETF during the 3rd quarter worth about $6,500,000. Advyzon Investment Management LLC raised its stake in shares of Avantis International Equity ETF by 110.2% during the 3rd quarter. Advyzon Investment Management LLC now owns 47,714 shares of the company’s stock worth $3,765,000 after purchasing an additional 25,013 shares in the last quarter. Clarion Wealth Managment Partners LLC raised its stake in shares of Avantis International Equity ETF by 253.9% during the 3rd quarter. Clarion Wealth Managment Partners LLC now owns 44,460 shares of the company’s stock worth $3,508,000 after purchasing an additional 31,898 shares in the last quarter. Certified Advisory Corp raised its stake in shares of Avantis International Equity ETF by 27.1% during the 3rd quarter. Certified Advisory Corp now owns 35,052 shares of the company’s stock worth $2,766,000 after purchasing an additional 7,471 shares in the last quarter. Finally, Harbor Investment Advisory LLC raised its stake in shares of Avantis International Equity ETF by 737.9% during the 3rd quarter. Harbor Investment Advisory LLC now owns 18,350 shares of the company’s stock worth $1,448,000 after purchasing an additional 16,160 shares in the last quarter.

Avantis International Equity ETF Price Performance

AVDE opened at $88.71 on Tuesday. Avantis International Equity ETF has a fifty-two week low of $68.21 and a fifty-two week high of $92.60. The business has a 50-day moving average of $87.62 and a 200-day moving average of $84.39. The company has a market capitalization of $15.39 billion, a PE ratio of 14.71 and a beta of 0.80.

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.