Torren Management LLC Has $21.50 Million Stake in Avantis International Equity ETF $AVDE

Torren Management LLC decreased its position in shares of Avantis International Equity ETF (NYSEARCA:AVDE) by 5.7% in the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 240,973 shares of the company’s stock after selling 14,582 shares during the period. Avantis International Equity ETF makes up approximately 10.9% of Torren Management LLC’s investment portfolio, making the stock its 3rd biggest position. Torren Management LLC’s holdings in Avantis International Equity ETF were worth $21,495,000 at the end of the most recent reporting period.

Other large investors have also recently made changes to their positions in the company. Align Financial LLC purchased a new stake in shares of Avantis International Equity ETF in the fourth quarter worth about $1,117,525,000. Corient Private Wealth LLC grew its holdings in Avantis International Equity ETF by 61.5% during the 4th quarter. Corient Private Wealth LLC now owns 5,824,926 shares of the company’s stock valued at $479,508,000 after buying an additional 2,219,229 shares in the last quarter. Maseco LLP purchased a new position in Avantis International Equity ETF during the 1st quarter valued at approximately $166,156,000. Advance Capital Management Inc. increased its stake in Avantis International Equity ETF by 1,709.5% in the 1st quarter. Advance Capital Management Inc. now owns 1,732,496 shares of the company’s stock worth $146,985,000 after acquiring an additional 1,636,753 shares during the last quarter. Finally, Northwestern Mutual Wealth Management Co. increased its stake in Avantis International Equity ETF by 134.8% in the 3rd quarter. Northwestern Mutual Wealth Management Co. now owns 2,703,438 shares of the company’s stock worth $213,301,000 after acquiring an additional 1,552,177 shares during the last quarter.

Avantis International Equity ETF Price Performance

Shares of AVDE opened at $93.57 on Wednesday. The stock has a market capitalization of $18.64 billion, a price-to-earnings ratio of 14.71 and a beta of 0.78. Avantis International Equity ETF has a 1 year low of $75.68 and a 1 year high of $94.00. The business’s 50 day simple moving average is $90.20 and its 200-day simple moving average is $89.14.

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.