Apella Capital LLC Invests $1.21 Million in Avantis International Equity ETF (NYSEARCA:AVDE)

Apella Capital LLC acquired a new position in Avantis International Equity ETF (NYSEARCA:AVDE) during the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm acquired 21,117 shares of the company’s stock, valued at approximately $1,212,000.

Several other hedge funds and other institutional investors have also modified their holdings of AVDE. Cambridge Investment Research Advisors Inc. grew its stake in shares of Avantis International Equity ETF by 38.0% in the first quarter. Cambridge Investment Research Advisors Inc. now owns 8,518 shares of the company’s stock worth $514,000 after acquiring an additional 2,345 shares during the last quarter. Flow Traders U.S. LLC acquired a new stake in Avantis International Equity ETF during the first quarter worth $3,759,000. First Republic Investment Management Inc. boosted its stake in Avantis International Equity ETF by 2,206.7% during the first quarter. First Republic Investment Management Inc. now owns 124,538 shares of the company’s stock worth $7,514,000 after buying an additional 119,139 shares in the last quarter. Jane Street Group LLC acquired a new stake in Avantis International Equity ETF during the first quarter worth $6,461,000. Finally, Wealthfront Advisers LLC acquired a new stake in Avantis International Equity ETF during the first quarter worth $275,000.

Avantis International Equity ETF Price Performance

AVDE opened at $57.71 on Friday. Avantis International Equity ETF has a fifty-two week low of $44.63 and a fifty-two week high of $59.83. The firm’s fifty day moving average price is $57.69 and its two-hundred day moving average price is $57.36. The company has a market capitalization of $3.13 billion, a P/E ratio of 10.07 and a beta of 0.94.

Avantis International Equity ETF 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.