Fifth Third Wealth Advisors LLC Makes New Investment in Avantis International Equity ETF (NYSEARCA:AVDE)

Fifth Third Wealth Advisors LLC acquired a new stake in shares of Avantis International Equity ETF (NYSEARCA:AVDE) in the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The fund acquired 4,546 shares of the company’s stock, valued at approximately $279,000.

Several other hedge funds and other institutional investors have also recently modified their holdings of the stock. Quantum Financial Advisors LLC grew its stake in shares of Avantis International Equity ETF by 9.9% during the 4th quarter. Quantum Financial Advisors LLC now owns 435,493 shares of the company’s stock valued at $26,726,000 after acquiring an additional 39,224 shares during the period. Breakwater Capital Group boosted its position in shares of Avantis International Equity ETF by 7.8% in the fourth quarter. Breakwater Capital Group now owns 7,864 shares of the company’s stock worth $483,000 after purchasing an additional 571 shares during the period. First National Bank Sioux Falls increased its stake in shares of Avantis International Equity ETF by 13.3% in the fourth quarter. First National Bank Sioux Falls now owns 247,984 shares of the company’s stock worth $15,219,000 after purchasing an additional 29,121 shares in the last quarter. Wedmont Private Capital raised its position in shares of Avantis International Equity ETF by 8.7% during the 4th quarter. Wedmont Private Capital now owns 75,132 shares of the company’s stock valued at $4,570,000 after purchasing an additional 5,990 shares during the period. Finally, Paragon Advisors LLC lifted its stake in shares of Avantis International Equity ETF by 192.2% during the 4th quarter. Paragon Advisors LLC now owns 11,741 shares of the company’s stock valued at $721,000 after buying an additional 7,723 shares in the last quarter.

Avantis International Equity ETF Stock Performance

Shares of AVDE stock opened at $62.15 on Friday. The stock has a fifty day simple moving average of $62.67 and a two-hundred day simple moving average of $63.90. Avantis International Equity ETF has a 52-week low of $58.42 and a 52-week high of $67.83. The firm has a market capitalization of $4.30 billion, a PE ratio of 11.74 and a beta of 0.82.

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.