59,161 Shares in Avantis International Equity ETF $AVDE Acquired by Novem Group

Novem Group bought a new position in Avantis International Equity ETF (NYSEARCA:AVDE) in the 4th quarter, according to its most recent Form 13F filing with the SEC. The institutional investor bought 59,161 shares of the company’s stock, valued at approximately $4,870,000.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Great Point Wealth Advisors LLC purchased a new stake in Avantis International Equity ETF in the 3rd quarter worth approximately $6,500,000. Advyzon Investment Management LLC increased its holdings in Avantis International Equity ETF by 110.2% in the 3rd quarter. Advyzon Investment Management LLC now owns 47,714 shares of the company’s stock worth $3,765,000 after acquiring an additional 25,013 shares in the last quarter. Clarion Wealth Managment Partners LLC grew its holdings in 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 valued at $3,508,000 after buying an additional 31,898 shares in the last quarter. Certified Advisory Corp grew its holdings in Avantis International Equity ETF by 27.1% during the 3rd quarter. Certified Advisory Corp now owns 35,052 shares of the company’s stock valued at $2,766,000 after buying an additional 7,471 shares in the last quarter. Finally, Harbor Investment Advisory LLC grew its holdings in 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 valued at $1,448,000 after buying an additional 16,160 shares in the last quarter.

Avantis International Equity ETF Price Performance

Shares of AVDE opened at $90.68 on Tuesday. Avantis International Equity ETF has a 1 year low of $65.52 and a 1 year high of $92.60. The company has a 50 day simple moving average of $87.80 and a two-hundred day simple moving average of $84.06. The firm has a market cap of $15.58 billion, a P/E ratio of 14.71 and a beta of 0.80.

About Avantis International Equity ETF

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.