TCI Wealth Advisors Inc. Buys 4,533 Shares of Avantis International Equity ETF (NYSEARCA:AVDE)

TCI Wealth Advisors Inc. lifted its stake in Avantis International Equity ETF (NYSEARCA:AVDE) by 3.5% in the 4th quarter, Holdings Channel reports. The institutional investor owned 132,694 shares of the company’s stock after acquiring an additional 4,533 shares during the period. Avantis International Equity ETF comprises about 0.9% of TCI Wealth Advisors Inc.’s holdings, making the stock its 21st biggest position. TCI Wealth Advisors Inc.’s holdings in Avantis International Equity ETF were worth $8,019,000 at the end of the most recent reporting period.

A number of other institutional investors have also added to or reduced their stakes in the company. WealthShield Partners LLC lifted its position in shares of Avantis International Equity ETF by 500.0% in the 4th quarter. WealthShield Partners LLC now owns 2,400 shares of the company’s stock worth $145,000 after acquiring an additional 2,000 shares during the period. Sound Income Strategies LLC acquired a new position in shares of Avantis International Equity ETF in the fourth quarter valued at $163,000. Axxcess Wealth Management LLC bought a new position in Avantis International Equity ETF in the fourth quarter worth $204,000. Janney Montgomery Scott LLC bought a new position in Avantis International Equity ETF in the third quarter worth $210,000. Finally, Mather Group LLC. bought a new position in Avantis International Equity ETF in the fourth quarter worth $225,000.

Avantis International Equity ETF Trading Up 0.9 %

AVDE stock traded up $0.54 during midday trading on Friday, hitting $63.12. The stock had a trading volume of 144,377 shares, compared to its average volume of 248,744. The firm has a market capitalization of $4.37 billion, a price-to-earnings ratio of 11.74 and a beta of 0.82. Avantis International Equity ETF has a 52 week low of $52.86 and a 52 week high of $64.17. The stock has a 50-day simple moving average of $62.56 and a 200 day simple moving average of $59.78.

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.