Fifth Third Wealth Advisors LLC Purchases New Position in Avantis International Equity ETF $AVDE

Fifth Third Wealth Advisors LLC purchased a new stake in shares of Avantis International Equity ETF (NYSEARCA:AVDE) in the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm purchased 21,500 shares of the company’s stock, valued at approximately $1,591,000.

Several other institutional investors have also recently added to or reduced their stakes in AVDE. NorthCrest Asset Manangement LLC raised its stake in shares of Avantis International Equity ETF by 83.1% in the first quarter. NorthCrest Asset Manangement LLC now owns 19,054 shares of the company’s stock worth $1,263,000 after acquiring an additional 8,650 shares during the last quarter. Krilogy Financial LLC raised its stake in shares of Avantis International Equity ETF by 4.1% in the first quarter. Krilogy Financial LLC now owns 315,264 shares of the company’s stock worth $20,893,000 after acquiring an additional 12,317 shares during the last quarter. CVA Family Office LLC raised its stake in shares of Avantis International Equity ETF by 27.1% in the first quarter. CVA Family Office LLC now owns 213,268 shares of the company’s stock worth $14,133,000 after acquiring an additional 45,525 shares during the last quarter. Cypress Point Wealth Management LLC raised its stake in shares of Avantis International Equity ETF by 1.3% in the first quarter. Cypress Point Wealth Management LLC now owns 49,317 shares of the company’s stock worth $3,268,000 after acquiring an additional 645 shares during the last quarter. Finally, Armbruster Capital Management Inc. raised its stake in shares of Avantis International Equity ETF by 23.3% in the first quarter. Armbruster Capital Management Inc. now owns 41,182 shares of the company’s stock worth $2,729,000 after acquiring an additional 7,790 shares during the last quarter.

Avantis International Equity ETF Trading Down 1.8%

Shares of NYSEARCA AVDE opened at $77.65 on Friday. The company has a market cap of $9.64 billion, a PE ratio of 14.71 and a beta of 0.94. The company has a 50-day moving average of $77.58 and a two-hundred day moving average of $73.13. Avantis International Equity ETF has a 1-year low of $58.56 and a 1-year high of $80.23.

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.