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

TCI Wealth Advisors Inc. raised its stake in Avantis International Equity ETF (NYSEARCA:AVDE) by 3.5% in the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 132,694 shares of the company’s stock after acquiring an additional 4,533 shares during the quarter. Avantis International Equity ETF makes up 0.9% of TCI Wealth Advisors Inc.’s portfolio, making the stock its 21st biggest holding. TCI Wealth Advisors Inc. owned approximately 0.24% of Avantis International Equity ETF worth $8,019,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors and hedge funds have also made changes to their positions in the stock. WealthShield Partners LLC raised its stake in Avantis International Equity ETF by 500.0% in the 4th quarter. WealthShield Partners LLC now owns 2,400 shares of the company’s stock valued at $145,000 after purchasing an additional 2,000 shares during the last quarter. Sound Income Strategies LLC acquired a new position in shares of Avantis International Equity ETF in the fourth quarter valued at approximately $163,000. Axxcess Wealth Management LLC purchased a new position in shares of Avantis International Equity ETF during the fourth quarter valued at approximately $204,000. Janney Montgomery Scott LLC acquired a new stake in Avantis International Equity ETF during the third quarter worth approximately $210,000. Finally, Mather Group LLC. purchased a new stake in Avantis International Equity ETF in the 4th quarter worth approximately $225,000.

Avantis International Equity ETF Stock Up 0.9 %

Shares of AVDE stock traded up $0.54 during mid-day trading on Friday, hitting $63.12. 144,377 shares of the company’s stock were exchanged, compared to its average volume of 248,744. The stock has a market cap of $4.37 billion, a price-to-earnings ratio of 11.74 and a beta of 0.82. The stock has a 50-day simple moving average of $62.56 and a two-hundred day simple moving average of $59.78. Avantis International Equity ETF has a fifty-two week low of $52.86 and a fifty-two week high of $64.17.

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.