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

Avantis International Equity ETF (NYSEARCA:AVDE)’s stock price hit a new 52-week high during mid-day trading on Wednesday . The company traded as high as $81.80 and last traded at $82.0230, with a volume of 474568 shares traded. The stock had previously closed at $81.16.

Avantis International Equity ETF Stock Down 0.5%

The company’s fifty day moving average price is $79.75 and its 200 day moving average price is $76.92. The company has a market capitalization of $10.73 billion, a P/E ratio of 14.71 and a beta of 0.84.

Institutional Trading of Avantis International Equity ETF

Large investors have recently modified their holdings of the stock. Glassman Wealth Services bought a new stake in Avantis International Equity ETF during the second quarter worth about $25,000. Evolution Wealth Management Inc. bought a new position in Avantis International Equity ETF in the 2nd quarter valued at about $32,000. US Bancorp DE acquired a new position in shares of Avantis International Equity ETF in the 3rd quarter valued at approximately $47,000. AdvisorNet Financial Inc lifted its holdings 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 worth $48,000 after acquiring an additional 450 shares during the period. Finally, Bessemer Group Inc. acquired a new stake in shares of Avantis International Equity ETF during the 2nd quarter worth approximately $57,000.

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.