Fort Vancouver Investment Management LLC Lowers Stock Position in Avantis International Equity ETF (NYSEARCA:AVDE)

Fort Vancouver Investment Management LLC lessened its holdings in shares of Avantis International Equity ETF (NYSEARCA:AVDE) by 31.9% during the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 7,257 shares of the company’s stock after selling 3,404 shares during the period. Avantis International Equity ETF accounts for approximately 0.4% of Fort Vancouver Investment Management LLC’s holdings, making the stock its 20th biggest position. Fort Vancouver Investment Management LLC’s holdings in Avantis International Equity ETF were worth $486,000 at the end of the most recent quarter.

Several other institutional investors also recently modified their holdings of AVDE. LRI Investments LLC bought a new position in Avantis International Equity ETF during the 1st quarter valued at approximately $70,000. NBC Securities Inc. increased its holdings in shares of Avantis International Equity ETF by 17.6% during the third quarter. NBC Securities Inc. now owns 1,471 shares of the company’s stock valued at $98,000 after acquiring an additional 220 shares in the last quarter. O Shaughnessy Asset Management LLC purchased a new position in shares of Avantis International Equity ETF in the 1st quarter worth about $192,000. Accel Wealth Management bought a new position in Avantis International Equity ETF in the 1st quarter worth about $207,000. Finally, Sanctuary Advisors LLC purchased a new stake in Avantis International Equity ETF during the 2nd quarter valued at about $214,000.

Avantis International Equity ETF Trading Down 0.3 %

NYSEARCA:AVDE traded down $0.19 on Wednesday, reaching $64.24. 34,065 shares of the stock traded hands, compared to its average volume of 253,532. The company’s fifty day simple moving average is $65.58 and its 200 day simple moving average is $64.17. The company has a market capitalization of $4.45 billion, a price-to-earnings ratio of 11.74 and a beta of 0.82. Avantis International Equity ETF has a 12 month low of $53.48 and a 12 month high of $67.83.

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.