ARK & TLK Investments LLC Takes Position in Avantis International Equity ETF (NYSEARCA:AVDE)

ARK & TLK Investments LLC acquired a new stake in Avantis International Equity ETF (NYSEARCA:AVDE) during the fourth quarter, Holdings Channel.com reports. The institutional investor acquired 11,925 shares of the company’s stock, valued at approximately $721,000.

Several other hedge funds and other institutional investors also recently made changes to their positions in AVDE. Citizens & Northern Corp acquired a new position in shares of Avantis International Equity ETF in the 4th quarter valued at $1,936,000. Quarry Hill Advisors LLC boosted its stake in Avantis International Equity ETF by 6.7% during the 4th quarter. Quarry Hill Advisors LLC now owns 36,839 shares of the company’s stock worth $2,226,000 after acquiring an additional 2,312 shares during the last quarter. Greenwich Wealth Management LLC grew its holdings in Avantis International Equity ETF by 28.6% during the fourth quarter. Greenwich Wealth Management LLC now owns 16,439 shares of the company’s stock valued at $993,000 after purchasing an additional 3,659 shares during the period. First National Bank Sioux Falls increased its stake in Avantis International Equity ETF by 20.9% in the fourth quarter. First National Bank Sioux Falls now owns 149,040 shares of the company’s stock valued at $9,006,000 after purchasing an additional 25,782 shares in the last quarter. Finally, True Wealth Design LLC raised its holdings in Avantis International Equity ETF by 7.7% in the third quarter. True Wealth Design LLC now owns 113,382 shares of the company’s stock worth $6,310,000 after purchasing an additional 8,117 shares during the period.

Avantis International Equity ETF Stock Down 1.0 %

Avantis International Equity ETF stock traded down $0.63 during mid-day trading on Friday, hitting $62.96. 412,362 shares of the company’s stock were exchanged, compared to its average volume of 237,830. Avantis International Equity ETF has a fifty-two week low of $52.86 and a fifty-two week high of $65.47. The firm has a market capitalization of $4.36 billion, a P/E ratio of 11.74 and a beta of 0.82. The company’s 50 day simple moving average is $63.63 and its 200-day simple moving average is $61.64.

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.