TCI Wealth Advisors Inc. Sells 6,242 Shares of Avantis International Equity ETF $AVDE

TCI Wealth Advisors Inc. cut its stake in Avantis International Equity ETF (NYSEARCA:AVDE) by 3.7% in the 1st quarter, Holdings Channel reports. The fund owned 160,525 shares of the company’s stock after selling 6,242 shares during the quarter. Avantis International Equity ETF comprises about 0.7% of TCI Wealth Advisors Inc.’s holdings, making the stock its 21st largest position. TCI Wealth Advisors Inc.’s holdings in Avantis International Equity ETF were worth $13,619,000 as of its most recent filing with the SEC.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in AVDE. Royal Bank of Canada raised its position 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 purchasing an additional 44,683 shares during the period. Integrated Wealth Concepts LLC boosted its position in Avantis International Equity ETF by 49.2% during the first quarter. Integrated Wealth Concepts LLC now owns 6,692 shares of the company’s stock valued at $443,000 after buying an additional 2,206 shares during the period. Cetera Investment Advisers grew its stake in shares of 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 buying an additional 868 shares during the last quarter. Baird Financial Group Inc. grew its stake in shares of 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 buying an additional 166 shares during the last quarter. Finally, Quantinno Capital Management LP grew its stake in shares of Avantis International Equity ETF by 48.1% during the second quarter. Quantinno Capital Management LP now owns 6,013 shares of the company’s stock valued at $445,000 after buying an additional 1,954 shares during the last quarter.

Avantis International Equity ETF Stock Performance

AVDE opened at $89.92 on Friday. Avantis International Equity ETF has a 12 month low of $72.79 and a 12 month high of $92.60. The business’s 50-day moving average price is $89.99 and its 200-day moving average price is $87.73. The company has a market cap of $17.18 billion, a P/E ratio of 14.71 and a beta of 0.78.

Avantis International Equity ETF 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.