CENTRAL TRUST Co Cuts Stake in Avantis International Equity ETF (NYSEARCA:AVDE)

CENTRAL TRUST Co decreased its position in Avantis International Equity ETF (NYSEARCA:AVDE) by 1.5% during the 1st quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 49,821 shares of the company’s stock after selling 781 shares during the period. CENTRAL TRUST Co owned about 0.07% of Avantis International Equity ETF worth $3,176,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also made changes to their positions in AVDE. Elevate Wealth Advisory Inc. acquired a new position in Avantis International Equity ETF during the 4th quarter worth approximately $34,000. Activest Wealth Management acquired a new position in Avantis International Equity ETF during the first quarter worth $60,000. NBC Securities Inc. purchased a new position in Avantis International Equity ETF in the fourth quarter worth $64,000. WealthShield Partners LLC lifted its holdings in Avantis International Equity ETF by 500.0% in the fourth quarter. WealthShield Partners LLC now owns 2,400 shares of the company’s stock valued at $145,000 after acquiring an additional 2,000 shares during the period. Finally, Clarity Asset Management Inc. purchased a new stake in shares of Avantis International Equity ETF during the 4th quarter worth $157,000.

Avantis International Equity ETF Trading Down 1.1 %

Shares of AVDE traded down $0.70 during trading hours on Wednesday, reaching $64.54. The company had a trading volume of 184,771 shares, compared to its average volume of 239,868. The company has a market capitalization of $4.47 billion, a price-to-earnings ratio of 11.74 and a beta of 0.82. Avantis International Equity ETF has a 12-month low of $52.86 and a 12-month high of $65.47. The firm has a 50 day simple moving average of $63.21 and a 200-day simple moving average of $60.70.

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.