Avantis International Equity ETF (NYSEARCA:AVDE) Sees Strong Trading Volume

Avantis International Equity ETF (NYSEARCA:AVDE) saw unusually-strong trading volume on Wednesday . Approximately 2,598,168 shares were traded during trading, an increase of 911% from the previous session’s volume of 256,975 shares.The stock last traded at $62.10 and had previously closed at $62.49.

Avantis International Equity ETF Stock Performance

The company has a 50 day moving average of $63.70 and a two-hundred day moving average of $61.91. The stock has a market capitalization of $4.32 billion, a PE ratio of 11.74 and a beta of 0.82.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently added to or reduced their stakes in the business. Annex Advisory Services LLC purchased a new stake in Avantis International Equity ETF during the 4th quarter valued at about $117,842,000. BSW Wealth Partners grew its stake in Avantis International Equity ETF by 2,143.5% during the 1st quarter. BSW Wealth Partners now owns 407,608 shares of the company’s stock valued at $25,981,000 after purchasing an additional 389,440 shares during the last quarter. Wealth Enhancement Advisory Services LLC grew its stake in Avantis International Equity ETF by 8.3% during the 1st quarter. Wealth Enhancement Advisory Services LLC now owns 4,109,921 shares of the company’s stock valued at $261,966,000 after purchasing an additional 316,020 shares during the last quarter. Rockwood Wealth Management LLC grew its stake in Avantis International Equity ETF by 14.3% during the 1st quarter. Rockwood Wealth Management LLC now owns 2,131,007 shares of the company’s stock valued at $135,830,000 after purchasing an additional 266,811 shares during the last quarter. Finally, Krilogy Financial LLC grew its stake in Avantis International Equity ETF by 377.2% during the 4th quarter. Krilogy Financial LLC now owns 287,183 shares of the company’s stock valued at $17,354,000 after purchasing an additional 227,003 shares during the last quarter.

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.