RAM Investment Partners LLC Buys New Shares in Avantis International Equity ETF (NYSEARCA:AVDE)

RAM Investment Partners LLC purchased a new stake in shares of Avantis International Equity ETF (NYSEARCA:AVDE) during the 4th quarter, Holdings Channel reports. The institutional investor purchased 22,419 shares of the company’s stock, valued at approximately $1,376,000. Avantis International Equity ETF comprises 0.3% of RAM Investment Partners LLC’s holdings, making the stock its 26th biggest position.

Several other large investors have also recently added to or reduced their stakes in AVDE. Global Wealth Strategies & Associates acquired a new stake in shares of Avantis International Equity ETF during the 4th quarter worth approximately $32,000. Voisard Asset Management Group Inc. bought a new position in Avantis International Equity ETF in the third quarter worth $41,000. NBC Securities Inc. boosted its stake in Avantis International Equity ETF by 17.6% during the third quarter. NBC Securities Inc. now owns 1,471 shares of the company’s stock worth $98,000 after buying an additional 220 shares in the last quarter. Wilmington Savings Fund Society FSB bought a new stake in Avantis International Equity ETF in the 3rd quarter valued at $106,000. Finally, EnRich Financial Partners LLC raised its stake in shares of Avantis International Equity ETF by 17.4% in the 3rd quarter. EnRich Financial Partners LLC now owns 2,560 shares of the company’s stock valued at $172,000 after buying an additional 380 shares in the last quarter.

Avantis International Equity ETF Stock Performance

NYSEARCA:AVDE opened at $64.35 on Monday. The company has a market capitalization of $4.45 billion, a price-to-earnings ratio of 11.74 and a beta of 0.82. The company has a 50-day moving average of $62.80 and a 200-day moving average of $63.88. Avantis International Equity ETF has a 52 week low of $58.59 and a 52 week high of $67.83.

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.