Avantis International Equity ETF (NYSEARCA:AVDE) Sees Strong Trading Volume – Time to Buy?

Shares of Avantis International Equity ETF (NYSEARCA:AVDE) saw unusually-high trading volume on Thursday . Approximately 798,105 shares changed hands during mid-day trading, an increase of 213% from the previous session’s volume of 254,666 shares.The stock last traded at $63.00 and had previously closed at $62.71.

Avantis International Equity ETF Trading Down 0.1 %

The stock’s 50-day moving average price is $65.15 and its 200-day moving average price is $64.30. The company has a market capitalization of $4.34 billion, a P/E ratio of 11.74 and a beta of 0.82.

Institutional Trading of Avantis International Equity ETF

A number of large investors have recently modified their holdings of the company. Aprio Wealth Management LLC increased its stake in Avantis International Equity ETF by 2.8% during the 3rd quarter. Aprio Wealth Management LLC now owns 6,210 shares of the company’s stock valued at $416,000 after buying an additional 170 shares during the period. TFB Advisors LLC increased its stake in Avantis International Equity ETF by 3.0% during the 3rd quarter. TFB Advisors LLC now owns 6,368 shares of the company’s stock valued at $427,000 after buying an additional 184 shares during the period. Transcendent Capital Group LLC grew its stake in shares of Avantis International Equity ETF by 0.5% in the 1st quarter. Transcendent Capital Group LLC now owns 39,393 shares of the company’s stock worth $2,511,000 after purchasing an additional 211 shares during the last quarter. NBC Securities Inc. grew its stake in shares of Avantis International Equity ETF by 17.6% in the 3rd quarter. NBC Securities Inc. now owns 1,471 shares of the company’s stock worth $98,000 after purchasing an additional 220 shares during the last quarter. Finally, Financial Symmetry Inc grew its stake in shares of Avantis International Equity ETF by 0.3% in the 2nd quarter. Financial Symmetry Inc now owns 84,353 shares of the company’s stock worth $5,252,000 after purchasing an additional 263 shares during the last quarter.

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.