Parallel Advisors LLC Has $55.56 Million Position in Avantis International Equity ETF $AVDE

Parallel Advisors LLC grew its holdings in shares of Avantis International Equity ETF (NYSEARCA:AVDE) by 360,994.9% during the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 704,135 shares of the company’s stock after buying an additional 703,940 shares during the quarter. Avantis International Equity ETF makes up 1.0% of Parallel Advisors LLC’s portfolio, making the stock its 15th largest position. Parallel Advisors LLC owned about 0.54% of Avantis International Equity ETF worth $55,556,000 as of its most recent SEC filing.

A number of other large investors also recently modified their holdings of the business. 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 second quarter valued at approximately $32,000. US Bancorp DE bought a new position in Avantis International Equity ETF in the third quarter valued at approximately $47,000. Nemes Rush Group LLC increased its position in shares of Avantis International Equity ETF by 30.4% during the 2nd quarter. Nemes Rush Group LLC now owns 815 shares of the company’s stock worth $60,000 after purchasing an additional 190 shares during the last quarter. Finally, Cullen Frost Bankers Inc. acquired a new position in shares of Avantis International Equity ETF during the 3rd quarter worth approximately $64,000.

Avantis International Equity ETF Stock Down 0.9%

Shares of Avantis International Equity ETF stock opened at $86.13 on Friday. The stock has a market cap of $12.99 billion, a P/E ratio of 14.71 and a beta of 0.84. Avantis International Equity ETF has a 12-month low of $58.56 and a 12-month high of $92.60. The business’s 50 day moving average is $87.48 and its 200-day moving average is $82.21.

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.