The Avantis International Equity ETF (AVDE) has experienced a significant inflow of approximately $265.5 million, reflecting a 2.1% increase in outstanding units week-over-week, rising from 145.3 million to 148.3 million. This notable change occurred recently, indicating strong investor interest in the fund.
Currently, AVDE’s share price stands at $87.67, within a 52-week range of $58.55 to $88.67, as it is compared to its 200-day moving average. Among its primary holdings, ASML Holding NV is down 2.1%, HSBC Holdings plc declined by 1.9%, while Shell plc’s American Depositary Shares rose by 0.3%.
ETFs like AVDE trade similarly to stocks, with the creation and destruction of units directly impacting their underlying holdings based on investor demand.
