Concurrent Investment Advisors LLC Raises Position in Avantis International Equity ETF (NYSEARCA:AVDE)

Concurrent Investment Advisors LLC raised its holdings in shares of Avantis International Equity ETF (NYSEARCA:AVDE) by 16.9% in the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 170,154 shares of the company’s stock after buying an additional 24,612 shares during the quarter. Concurrent Investment Advisors LLC’s holdings in Avantis International Equity ETF were worth $11,405,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors have also added to or reduced their stakes in the business. First National Bank Sioux Falls boosted its position in shares of Avantis International Equity ETF by 11.2% during the 2nd quarter. First National Bank Sioux Falls now owns 184,897 shares of the company’s stock valued at $11,512,000 after acquiring an additional 18,631 shares during the last quarter. WMS Partners LLC lifted its position in Avantis International Equity ETF by 3.6% during the first quarter. WMS Partners LLC now owns 1,728,586 shares of the company’s stock valued at $110,180,000 after purchasing an additional 59,930 shares during the last quarter. Silver Lake Advisory LLC purchased a new position in Avantis International Equity ETF in the 2nd quarter worth approximately $2,009,000. Global Retirement Partners LLC increased its holdings in shares of Avantis International Equity ETF by 39.3% in the 3rd quarter. Global Retirement Partners LLC now owns 9,944 shares of the company’s stock worth $667,000 after buying an additional 2,803 shares during the last quarter. Finally, Envestnet Portfolio Solutions Inc. raised its position in shares of Avantis International Equity ETF by 10.7% during the 1st quarter. Envestnet Portfolio Solutions Inc. now owns 6,601 shares of the company’s stock valued at $421,000 after buying an additional 638 shares in the last quarter.

Avantis International Equity ETF Stock Down 2.0 %

NYSEARCA:AVDE traded down $1.29 during midday trading on Wednesday, hitting $63.42. The company had a trading volume of 23,246 shares, compared to its average volume of 251,921. The stock’s fifty day moving average price is $65.43 and its 200-day moving average price is $64.26. Avantis International Equity ETF has a 52-week low of $54.66 and a 52-week high of $67.83. The company has a market capitalization of $4.39 billion, a PE ratio of 11.74 and a beta of 0.82.

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.