Avantis International Equity ETF (NYSEARCA:AVDE) Reaches New 1-Year High – Time to Buy?

Avantis International Equity ETF (NYSEARCA:AVDEGet Free Report) reached a new 52-week high during trading on Wednesday . The company traded as high as $82.78 and last traded at $82.7060, with a volume of 42411 shares changing hands. The stock had previously closed at $82.69.

Avantis International Equity ETF Price Performance

The company has a market cap of $10.80 billion, a P/E ratio of 14.71 and a beta of 0.84. The firm’s 50-day moving average is $80.18 and its two-hundred day moving average is $77.46.

Institutional Trading of Avantis International Equity ETF

Hedge funds have recently made changes to their positions in the business. Glassman Wealth Services purchased a new position in Avantis International Equity ETF in the second quarter worth about $25,000. Evolution Wealth Management Inc. bought a new stake in shares of Avantis International Equity ETF in the 2nd quarter valued at approximately $32,000. US Bancorp DE purchased a new position in shares of Avantis International Equity ETF in the 3rd quarter worth approximately $47,000. AdvisorNet Financial Inc increased its position in shares of Avantis International Equity ETF by 234.4% during the 2nd quarter. AdvisorNet Financial Inc now owns 642 shares of the company’s stock valued at $48,000 after purchasing an additional 450 shares during the last quarter. Finally, Bessemer Group Inc. purchased a new stake in Avantis International Equity ETF during the 2nd quarter valued at $57,000.

Avantis International Equity ETF Company Profile

(Get Free Report)

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.

Recommended Stories

Receive News & Ratings for Avantis International Equity ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Avantis International Equity ETF and related companies with MarketBeat.com's FREE daily email newsletter.