Harbour Investments Inc. Acquires 37,928 Shares of Avantis International Equity ETF $AVDE

Harbour Investments Inc. boosted its holdings in shares of Avantis International Equity ETF (NYSEARCA:AVDE) by 6.4% in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 626,666 shares of the company’s stock after acquiring an additional 37,928 shares during the quarter. Avantis International Equity ETF comprises 0.8% of Harbour Investments Inc.’s holdings, making the stock its 20th largest holding. Harbour Investments Inc. owned approximately 0.29% of Avantis International Equity ETF worth $56,469,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in AVDE. HB Wealth Management LLC increased its position in shares of Avantis International Equity ETF by 1.7% during the 2nd quarter. HB Wealth Management LLC now owns 1,693,261 shares of the company’s stock worth $151,039,000 after purchasing an additional 28,334 shares during the last quarter. Waverly Advisors LLC lifted its position in Avantis International Equity ETF by 41.4% in the second quarter. Waverly Advisors LLC now owns 1,222,477 shares of the company’s stock valued at $109,045,000 after buying an additional 357,998 shares during the last quarter. Activest Wealth Management lifted its position in Avantis International Equity ETF by 10.8% in the third quarter. Activest Wealth Management now owns 182,992 shares of the company’s stock valued at $16,489,000 after buying an additional 17,808 shares during the last quarter. Pinnacle Associates Ltd. acquired a new position in Avantis International Equity ETF in the third quarter valued at about $522,000. Finally, RVW Wealth LLC boosted its stake in Avantis International Equity ETF by 21.8% during the third quarter. RVW Wealth LLC now owns 356,653 shares of the company’s stock worth $32,138,000 after buying an additional 63,854 shares during the period.

Avantis International Equity ETF Stock Up 0.1%

AVDE stock traded up $0.07 during mid-day trading on Friday, hitting $89.50. 1,557,688 shares of the company were exchanged, compared to its average volume of 1,137,453. Avantis International Equity ETF has a 12-month low of $77.20 and a 12-month high of $94.82. The firm has a market capitalization of $19.72 billion, a P/E ratio of 15.06 and a beta of 0.80. The business has a fifty day simple moving average of $90.50 and a 200-day simple moving average of $89.92.

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.