Avantis International Equity ETF $AVDE Stock: Parallel Advisors LLC Lowers Holdings

Parallel Advisors LLC trimmed its position in Avantis International Equity ETF (NYSEARCA:AVDE) by 7.8% in the third quarter, Holdings Channel reports. The fund owned 964,446 shares of the company’s stock after selling 81,699 shares during the quarter. Avantis International Equity ETF accounts for 1.2% of Parallel Advisors LLC’s portfolio, making the stock its 11th largest holding. Parallel Advisors LLC’s holdings in Avantis International Equity ETF were worth $86,906,000 as of its most recent filing with the SEC.

A number of other large investors also recently modified their holdings of AVDE. Santori & Peters Inc. boosted its holdings in shares of Avantis International Equity ETF by 3.2% during the 3rd quarter. Santori & Peters Inc. now owns 3,596 shares of the company’s stock valued at $324,000 after acquiring an additional 113 shares in the last quarter. Atlas Brown Inc. increased its holdings in Avantis International Equity ETF by 3.3% in the 2nd quarter. Atlas Brown Inc. now owns 3,673 shares of the company’s stock worth $328,000 after purchasing an additional 118 shares in the last quarter. Bannerman Wealth Management Group LLC increased its holdings in Avantis International Equity ETF by 1.4% in the 2nd quarter. Bannerman Wealth Management Group LLC now owns 8,454 shares of the company’s stock worth $754,000 after purchasing an additional 119 shares in the last quarter. Kooman & Associates increased its holdings in Avantis International Equity ETF by 1.9% in the 3rd quarter. Kooman & Associates now owns 8,018 shares of the company’s stock worth $723,000 after purchasing an additional 151 shares in the last quarter. Finally, Team Financial Group LLC raised its position in Avantis International Equity ETF by 184.5% in the first quarter. Team Financial Group LLC now owns 293 shares of the company’s stock valued at $25,000 after purchasing an additional 190 shares during the last quarter.

Avantis International Equity ETF Stock Down 0.6%

Avantis International Equity ETF stock traded down $0.55 during trading hours on Friday, hitting $87.71. The stock had a trading volume of 1,383,863 shares, compared to its average volume of 1,139,635. The business’s 50 day simple moving average is $90.89 and its 200-day simple moving average is $89.85. Avantis International Equity ETF has a one year low of $77.20 and a one year high of $94.82. The stock has a market cap of $19.15 billion, a price-to-earnings ratio of 14.71 and a beta of 0.80.

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.