Avantis International Equity ETF $AVDE Stake Boosted by CGN Advisors LLC

CGN Advisors LLC grew its position in Avantis International Equity ETF (NYSEARCA:AVDE) by 12.6% in the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 694,974 shares of the company’s stock after purchasing an additional 77,789 shares during the quarter. Avantis International Equity ETF makes up about 4.5% of CGN Advisors LLC’s investment portfolio, making the stock its 2nd largest holding. CGN Advisors LLC owned approximately 0.36% of Avantis International Equity ETF worth $61,992,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently modified their holdings of the company. Royal Bank of Canada boosted its holdings in Avantis International Equity ETF by 123.9% in the 1st quarter. Royal Bank of Canada now owns 80,754 shares of the company’s stock worth $5,352,000 after buying an additional 44,683 shares during the period. Integrated Wealth Concepts LLC increased its stake in Avantis International Equity ETF by 49.2% in the 1st quarter. Integrated Wealth Concepts LLC now owns 6,692 shares of the company’s stock worth $443,000 after buying an additional 2,206 shares in the last quarter. Cetera Investment Advisers raised its holdings in Avantis International Equity ETF by 22.3% during the second quarter. Cetera Investment Advisers now owns 4,756 shares of the company’s stock valued at $352,000 after acquiring an additional 868 shares during the period. Baird Financial Group Inc. raised its holdings in Avantis International Equity ETF by 2.4% during the second quarter. Baird Financial Group Inc. now owns 7,011 shares of the company’s stock valued at $519,000 after acquiring an additional 166 shares during the period. Finally, Quantinno Capital Management LP lifted its position in shares of Avantis International Equity ETF by 48.1% in the second quarter. Quantinno Capital Management LP now owns 6,013 shares of the company’s stock valued at $445,000 after acquiring an additional 1,954 shares in the last quarter.

Avantis International Equity ETF Stock Up 1.1%

Shares of Avantis International Equity ETF stock opened at $92.60 on Wednesday. The company has a market capitalization of $18.45 billion, a price-to-earnings ratio of 14.71 and a beta of 0.78. The stock’s 50-day simple moving average is $90.00 and its 200-day simple moving average is $88.86. Avantis International Equity ETF has a 52 week low of $74.07 and a 52 week high of $92.73.

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.