Diversified Portfolios Inc. Acquires 82,949 Shares of Avantis International Equity ETF $AVDE

Diversified Portfolios Inc. grew its holdings in shares of Avantis International Equity ETF (NYSEARCA:AVDE) by 9.6% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 943,601 shares of the company’s stock after purchasing an additional 82,949 shares during the period. Avantis International Equity ETF makes up about 6.5% of Diversified Portfolios Inc.’s portfolio, making the stock its 4th biggest holding. Diversified Portfolios Inc. owned about 0.63% of Avantis International Equity ETF worth $77,677,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also recently made changes to their positions in AVDE. Hantz Financial Services Inc. purchased a new stake in shares of Avantis International Equity ETF during the 4th quarter valued at $29,000. RHL Group LLC purchased a new stake in shares of Avantis International Equity ETF during the 4th quarter valued at $38,000. US Bancorp DE purchased a new stake in shares of Avantis International Equity ETF during the 3rd quarter valued at $47,000. Investment Research & Advisory Group Inc. purchased a new stake in shares of Avantis International Equity ETF during the 4th quarter valued at $48,000. Finally, Annis Gardner Whiting Capital Advisors LLC purchased a new stake in shares of Avantis International Equity ETF during the 4th quarter valued at $56,000.

Avantis International Equity ETF Stock Performance

Shares of AVDE opened at $90.79 on Tuesday. Avantis International Equity ETF has a 12 month low of $71.38 and a 12 month high of $92.60. The stock has a fifty day moving average price of $87.93 and a 200-day moving average price of $85.78. The firm has a market cap of $15.94 billion, a PE ratio of 14.71 and a beta of 0.78.

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.