Avantis International Equity ETF (NYSEARCA:AVDE) Shares Purchased by Pinnacle Financial Partners Inc

Pinnacle Financial Partners Inc grew its stake in shares of Avantis International Equity ETF (NYSEARCA:AVDE) by 12.9% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 13,661 shares of the company’s stock after acquiring an additional 1,561 shares during the period. Pinnacle Financial Partners Inc’s holdings in Avantis International Equity ETF were worth $838,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently modified their holdings of the company. Strategic Financial Concepts LLC increased its holdings in shares of Avantis International Equity ETF by 7,432.5% in the 4th quarter. Strategic Financial Concepts LLC now owns 6,117,174 shares of the company’s stock valued at $375,411,000 after acquiring an additional 6,035,964 shares during the last quarter. Life Planning Partners Inc boosted its holdings in Avantis International Equity ETF by 6,282.9% in the fourth quarter. Life Planning Partners Inc now owns 931,655 shares of the company’s stock worth $57,000 after purchasing an additional 917,059 shares during the period. Gradient Investments LLC bought a new stake in Avantis International Equity ETF during the fourth quarter valued at $42,426,000. Executive Wealth Management LLC acquired a new stake in shares of Avantis International Equity ETF during the third quarter worth $26,196,000. Finally, Yardley Wealth Management LLC bought a new position in shares of Avantis International Equity ETF in the 3rd quarter worth about $21,852,000.

Avantis International Equity ETF Stock Performance

NYSEARCA AVDE opened at $65.61 on Monday. Avantis International Equity ETF has a one year low of $59.02 and a one year high of $67.83. The company has a 50-day simple moving average of $63.03 and a 200-day simple moving average of $64.12. The firm has a market capitalization of $4.54 billion, a PE ratio of 11.74 and a beta of 0.82.

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.