Avantis International Equity ETF $AVDE is Independence Bank of Kentucky’s 9th Largest Position

Independence Bank of Kentucky increased its holdings in Avantis International Equity ETF (NYSEARCA:AVDE) by 50.7% during the 1st quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 181,691 shares of the company’s stock after buying an additional 61,094 shares during the period. Avantis International Equity ETF comprises about 2.0% of Independence Bank of Kentucky’s holdings, making the stock its 9th largest position. Independence Bank of Kentucky owned about 0.10% of Avantis International Equity ETF worth $15,415,000 at the end of the most recent quarter.

A number of other large investors have also recently added to or reduced their stakes in the business. Paladin Advisory Group LLC increased its holdings in Avantis International Equity ETF by 17.0% during the 1st quarter. Paladin Advisory Group LLC now owns 2,393 shares of the company’s stock valued at $203,000 after acquiring an additional 348 shares in the last quarter. Accredited Investors Inc. raised its position in Avantis International Equity ETF by 309.4% during the first quarter. Accredited Investors Inc. now owns 16,083 shares of the company’s stock worth $1,364,000 after acquiring an additional 12,155 shares during the last quarter. Waterfront Wealth Inc. lifted its holdings in shares of Avantis International Equity ETF by 16.2% in the first quarter. Waterfront Wealth Inc. now owns 70,636 shares of the company’s stock valued at $5,993,000 after purchasing an additional 9,864 shares in the last quarter. Mason & Associates Inc lifted its holdings in shares of Avantis International Equity ETF by 3.2% in the first quarter. Mason & Associates Inc now owns 271,188 shares of the company’s stock valued at $22,300,000 after purchasing an additional 8,473 shares in the last quarter. Finally, ATX Financial Planning LLC acquired a new stake in shares of Avantis International Equity ETF in the first quarter valued at approximately $1,243,000.

Avantis International Equity ETF Price Performance

Shares of AVDE opened at $90.04 on Friday. The firm has a 50 day simple moving average of $90.13 and a 200-day simple moving average of $88.02. Avantis International Equity ETF has a 1-year low of $72.79 and a 1-year high of $92.60. The stock has a market cap of $17.33 billion, a price-to-earnings 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.