Avantis International Equity ETF $AVDE Shares Bought by Independence Bank of Kentucky

Independence Bank of Kentucky lifted its position in shares of Avantis International Equity ETF (NYSEARCA:AVDE) by 54.9% in the fourth quarter, HoldingsChannel reports. The institutional investor owned 120,597 shares of the company’s stock after purchasing an additional 42,745 shares during the period. Avantis International Equity ETF makes up approximately 1.2% of Independence Bank of Kentucky’s holdings, making the stock its 14th biggest holding. Independence Bank of Kentucky’s holdings in Avantis International Equity ETF were worth $9,928,000 at the end of the most recent quarter.

Other large investors have also made changes to their positions in the company. Evolution Wealth Management Inc. acquired a new position in Avantis International Equity ETF in the second quarter valued at $32,000. US Bancorp DE acquired a new stake in Avantis International Equity ETF during the third quarter worth about $47,000. Investment Research & Advisory Group Inc. purchased a new position in shares of Avantis International Equity ETF in the 4th quarter worth about $48,000. Cullen Frost Bankers Inc. purchased a new position in shares of Avantis International Equity ETF in the 3rd quarter worth about $64,000. Finally, Dogwood Wealth Management LLC lifted its stake in shares of Avantis International Equity ETF by 746.4% in the 3rd quarter. Dogwood Wealth Management LLC now owns 1,549 shares of the company’s stock valued at $122,000 after purchasing an additional 1,366 shares in the last quarter.

Avantis International Equity ETF Stock Performance

Shares of NYSEARCA:AVDE opened at $85.70 on Friday. Avantis International Equity ETF has a 1 year low of $58.56 and a 1 year high of $92.60. The stock has a market capitalization of $14.53 billion, a P/E ratio of 14.71 and a beta of 0.84. The stock has a 50-day simple moving average of $87.51 and a 200-day simple moving average of $83.20.

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.