Versant Capital Management Inc Has $43.78 Million Stock Position in Avantis International Equity ETF (NYSEARCA:AVDE)

Versant Capital Management Inc trimmed its stake in Avantis International Equity ETF (NYSEARCA:AVDE) by 3.5% in the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 653,198 shares of the company’s stock after selling 23,571 shares during the period. Avantis International Equity ETF comprises 10.0% of Versant Capital Management Inc’s holdings, making the stock its biggest holding. Versant Capital Management Inc owned about 0.94% of Avantis International Equity ETF worth $43,784,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds have also added to or reduced their stakes in the stock. Elevate Wealth Advisory Inc. purchased a new stake in Avantis International Equity ETF in the fourth quarter worth about $34,000. LRI Investments LLC purchased a new stake in shares of Avantis International Equity ETF in the 1st quarter worth approximately $70,000. Clarity Asset Management Inc. bought a new position in shares of Avantis International Equity ETF during the fourth quarter valued at approximately $157,000. O Shaughnessy Asset Management LLC purchased a new position in Avantis International Equity ETF during the first quarter valued at approximately $192,000. Finally, Accel Wealth Management purchased a new position in Avantis International Equity ETF during the first quarter valued at approximately $207,000.

Avantis International Equity ETF Stock Down 0.6 %

Avantis International Equity ETF stock opened at $65.93 on Tuesday. Avantis International Equity ETF has a twelve month low of $52.86 and a twelve month high of $67.83. The business has a fifty day moving average of $64.67 and a two-hundred day moving average of $63.94. The firm has a market cap of $4.56 billion, a P/E ratio of 11.74 and a beta of 0.82.

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.