Jacobi Capital Management LLC Reduces Stock Holdings in Avantis International Equity ETF (NYSEARCA:AVDE)

Jacobi Capital Management LLC lowered its stake in shares of Avantis International Equity ETF (NYSEARCA:AVDE) by 80.0% during the 1st quarter, according to the company in its most recent filing with the SEC. The fund owned 5,010 shares of the company’s stock after selling 20,017 shares during the quarter. Jacobi Capital Management LLC’s holdings in Avantis International Equity ETF were worth $319,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently bought and sold shares of the stock. USAdvisors Wealth Management LLC boosted its position in shares of Avantis International Equity ETF by 1.0% during the first quarter. USAdvisors Wealth Management LLC now owns 16,790 shares of the company’s stock valued at $1,072,000 after buying an additional 168 shares during the period. Private Wealth Management Group LLC grew its position in Avantis International Equity ETF by 1.8% in the 1st quarter. Private Wealth Management Group LLC now owns 9,594 shares of the company’s stock valued at $612,000 after acquiring an additional 174 shares during the last quarter. UMB Bank n.a. increased its stake in Avantis International Equity ETF by 0.8% in the fourth quarter. UMB Bank n.a. now owns 23,580 shares of the company’s stock worth $1,425,000 after purchasing an additional 187 shares during the period. Nova R Wealth Inc. increased its stake in Avantis International Equity ETF by 1.9% in the fourth quarter. Nova R Wealth Inc. now owns 13,752 shares of the company’s stock worth $831,000 after purchasing an additional 262 shares during the period. Finally, Envestnet Portfolio Solutions Inc. lifted its position in shares of Avantis International Equity ETF by 6.1% during the fourth quarter. Envestnet Portfolio Solutions Inc. now owns 5,963 shares of the company’s stock worth $360,000 after purchasing an additional 342 shares during the last quarter.

Avantis International Equity ETF Trading Down 0.5 %

Shares of AVDE traded down $0.29 during trading hours on Tuesday, reaching $64.00. 29,175 shares of the company traded hands, compared to its average volume of 259,583. Avantis International Equity ETF has a 12-month low of $52.86 and a 12-month high of $65.47. The firm has a market cap of $4.43 billion, a price-to-earnings ratio of 11.74 and a beta of 0.82. The stock’s fifty day moving average price is $64.02 and its 200 day moving average price is $62.42.

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.