Avantis International Equity ETF (NYSEARCA:AVDE) Sees Unusually-High Trading Volume

Avantis International Equity ETF (NYSEARCA:AVDE) shares saw unusually-high trading volume on Wednesday . Approximately 637,600 shares traded hands during mid-day trading, an increase of 160% from the previous session’s volume of 245,698 shares.The stock last traded at $61.77 and had previously closed at $61.89.

Avantis International Equity ETF Trading Up 0.6 %

The company has a 50 day moving average price of $62.47 and a 200 day moving average price of $59.63. The company has a market capitalization of $4.25 billion, a price-to-earnings ratio of 11.62 and a beta of 0.94.

Institutional Investors Weigh In On Avantis International Equity ETF

A number of institutional investors have recently made changes to their positions in the stock. Private Wealth Management Group LLC grew its stake in shares of Avantis International Equity ETF by 1.8% during the first quarter. Private Wealth Management Group LLC now owns 9,594 shares of the company’s stock worth $612,000 after purchasing an additional 174 shares during the period. Hutchens & Kramer Investment Management Group LLC grew its stake in Avantis International Equity ETF by 3.8% in the first quarter. Hutchens & Kramer Investment Management Group LLC now owns 14,003 shares of the company’s stock valued at $889,000 after acquiring an additional 515 shares during the period. Lakeridge Wealth Management LLC grew its stake in Avantis International Equity ETF by 19.4% in the first quarter. Lakeridge Wealth Management LLC now owns 25,858 shares of the company’s stock valued at $1,648,000 after acquiring an additional 4,209 shares during the period. Commonwealth Equity Services LLC grew its stake in Avantis International Equity ETF by 10.5% in the first quarter. Commonwealth Equity Services LLC now owns 256,892 shares of the company’s stock valued at $16,374,000 after acquiring an additional 24,409 shares during the period. Finally, FAS Wealth Partners Inc. grew its stake in Avantis International Equity ETF by 4.3% in the first quarter. FAS Wealth Partners Inc. now owns 157,874 shares of the company’s stock valued at $10,063,000 after acquiring an additional 6,572 shares during the period.

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.