Avantis International Equity ETF $AVDE Position Raised by Fifth Third Bancorp

Fifth Third Bancorp raised its position in shares of Avantis International Equity ETF (NYSEARCA:AVDE) by 38.1% in the first quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 1,086,719 shares of the company’s stock after purchasing an additional 299,686 shares during the quarter. Fifth Third Bancorp owned about 0.62% of Avantis International Equity ETF worth $92,197,000 as of its most recent SEC filing.

Several other hedge funds also recently modified their holdings of AVDE. Hantz Financial Services Inc. acquired a new stake in shares of Avantis International Equity ETF in the fourth quarter valued at $29,000. RHL Group LLC acquired a new position in Avantis International Equity ETF during the fourth quarter worth about $38,000. US Bancorp DE bought a new stake in Avantis International Equity ETF in the third quarter worth about $47,000. Investment Research & Advisory Group Inc. bought a new stake in Avantis International Equity ETF in the fourth quarter worth about $48,000. Finally, Annis Gardner Whiting Capital Advisors LLC acquired a new stake in Avantis International Equity ETF in the 4th quarter valued at about $56,000.

Avantis International Equity ETF Stock Performance

Shares of NYSEARCA:AVDE traded up $0.64 during trading hours on Friday, hitting $90.04. 1,448,323 shares of the company’s stock traded hands, compared to its average volume of 1,186,635. The company’s fifty day simple moving average is $90.13 and its two-hundred day simple moving average is $88.02. The company has a market cap of $17.55 billion, a price-to-earnings ratio of 14.71 and a beta of 0.78. Avantis International Equity ETF has a 52 week low of $72.79 and a 52 week high of $92.60.

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.