Parallel Advisors LLC Purchases 168,181 Shares of Avantis International Equity ETF $AVDE

Parallel Advisors LLC raised its position in Avantis International Equity ETF (NYSEARCA:AVDE) by 22.2% in the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 925,232 shares of the company’s stock after purchasing an additional 168,181 shares during the period. Avantis International Equity ETF accounts for 1.4% of Parallel Advisors LLC’s investment portfolio, making the stock its 12th biggest position. Parallel Advisors LLC owned about 0.53% of Avantis International Equity ETF worth $78,497,000 at the end of the most recent quarter.

Several other institutional investors have also recently made changes to their positions in AVDE. Team Financial Group LLC raised its position in shares of Avantis International Equity ETF by 184.5% in the first quarter. Team Financial Group LLC now owns 293 shares of the company’s stock worth $25,000 after buying an additional 190 shares in the last quarter. Hantz Financial Services Inc. bought a new position in Avantis International Equity ETF in the 4th quarter worth about $29,000. RHL Group LLC bought a new position in Avantis International Equity ETF in the 4th quarter worth about $38,000. US Bancorp DE purchased a new stake in shares of Avantis International Equity ETF in the 3rd quarter valued at about $47,000. Finally, Investment Research & Advisory Group Inc. bought a new stake in shares of Avantis International Equity ETF during the 4th quarter valued at about $48,000.

Avantis International Equity ETF Stock Performance

Shares of AVDE opened at $89.33 on Monday. Avantis International Equity ETF has a 12-month low of $72.79 and a 12-month high of $92.60. The company has a market cap of $17.52 billion, a PE ratio of 14.71 and a beta of 0.78. The stock has a 50-day moving average price of $90.08 and a 200-day moving average price of $88.31.

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.