Avantis International Small Cap Value ETF (NYSEARCA:AVDV) Hits New 52-Week High – Still a Buy?

Shares of Avantis International Small Cap Value ETF (NYSEARCA:AVDV) hit a new 52-week high during mid-day trading on Wednesday . The company traded as high as $90.99 and last traded at $91.0260, with a volume of 348756 shares. The stock had previously closed at $89.99.

Avantis International Small Cap Value ETF Stock Up 1.0%

The stock has a fifty day simple moving average of $88.64 and a 200 day simple moving average of $82.66. The firm has a market capitalization of $13.54 billion, a P/E ratio of 10.39 and a beta of 0.84.

Institutional Inflows and Outflows

Large investors have recently added to or reduced their stakes in the business. Frontier Asset Management LLC grew its holdings in Avantis International Small Cap Value ETF by 1,045.7% during the 1st quarter. Frontier Asset Management LLC now owns 596,072 shares of the company’s stock valued at $41,570,000 after buying an additional 544,045 shares in the last quarter. Confluence Investment Management LLC purchased a new position in shares of Avantis International Small Cap Value ETF in the third quarter worth $8,747,000. Curio Wealth LLC boosted its position in shares of Avantis International Small Cap Value ETF by 19,918.2% during the second quarter. Curio Wealth LLC now owns 51,647 shares of the company’s stock worth $4,095,000 after acquiring an additional 51,389 shares during the last quarter. Morton Brown Family Wealth LLC grew its stake in Avantis International Small Cap Value ETF by 10.0% during the second quarter. Morton Brown Family Wealth LLC now owns 237,808 shares of the company’s stock valued at $18,853,000 after acquiring an additional 21,564 shares in the last quarter. Finally, Farther Finance Advisors LLC grew its stake in Avantis International Small Cap Value ETF by 116.8% during the second quarter. Farther Finance Advisors LLC now owns 39,613 shares of the company’s stock valued at $3,140,000 after acquiring an additional 21,343 shares in the last quarter.

Avantis International Small Cap Value ETF Company Profile

The Avantis International Small Cap Value ETF (AVDV) is an exchange-traded fund that is based on the MSCI World EX-U.S. Small Cap index. The fund is an actively-managed portfolio of non-US small-cap value companies in developed markets. AVDV was launched on Sep 24, 2019 and is managed by American Century Investments.