TCI Wealth Advisors Inc. Raises Position in Avantis International Equity ETF (NYSEARCA:AVDE)

TCI Wealth Advisors Inc. increased its holdings in Avantis International Equity ETF (NYSEARCA:AVDE) by 3.7% in the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 136,995 shares of the company’s stock after purchasing an additional 4,830 shares during the period. Avantis International Equity ETF accounts for 0.8% of TCI Wealth Advisors Inc.’s investment portfolio, making the stock its 22nd biggest position. TCI Wealth Advisors Inc. owned about 0.20% of Avantis International Equity ETF worth $9,183,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also made changes to their positions in the business. Family Investment Center Inc. boosted its stake in Avantis International Equity ETF by 60.0% in the 3rd quarter. Family Investment Center Inc. now owns 284,128 shares of the company’s stock worth $19,045,000 after buying an additional 106,518 shares during the last quarter. PFG Investments LLC lifted its holdings in shares of Avantis International Equity ETF by 23.2% during the 3rd quarter. PFG Investments LLC now owns 5,287 shares of the company’s stock worth $354,000 after acquiring an additional 997 shares during the period. Wealth Enhancement Advisory Services LLC grew its holdings in Avantis International Equity ETF by 4.8% in the third quarter. Wealth Enhancement Advisory Services LLC now owns 4,553,222 shares of the company’s stock valued at $305,202,000 after purchasing an additional 207,282 shares during the period. NorthCrest Asset Manangement LLC increased its position in Avantis International Equity ETF by 11.9% during the third quarter. NorthCrest Asset Manangement LLC now owns 6,667 shares of the company’s stock worth $447,000 after purchasing an additional 711 shares during the last quarter. Finally, Tarbox Family Office Inc. increased its position in Avantis International Equity ETF by 3.6% during the third quarter. Tarbox Family Office Inc. now owns 301,105 shares of the company’s stock worth $20,183,000 after purchasing an additional 10,509 shares during the last quarter.

Avantis International Equity ETF Trading Up 0.6 %

Shares of AVDE traded up $0.39 during mid-day trading on Monday, reaching $64.64. The company had a trading volume of 38,898 shares, compared to its average volume of 254,325. Avantis International Equity ETF has a fifty-two week low of $53.27 and a fifty-two week high of $67.83. The firm has a fifty day simple moving average of $65.59 and a 200-day simple moving average of $64.14. The stock has a market cap of $4.47 billion, a price-to-earnings ratio of 11.74 and a beta of 0.82.

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.