Avantis International Small Cap Value ETF (NYSEARCA:AVDV) Sets New 1-Year High – Here’s Why

Avantis International Small Cap Value ETF (NYSEARCA:AVDV) reached a new 52-week high during mid-day trading on Tuesday . The stock traded as high as $110.77 and last traded at $110.77, with a volume of 52302 shares. The stock had previously closed at $108.27.

Avantis International Small Cap Value ETF Trading Up 1.9%

The company’s fifty day moving average is $104.13 and its 200-day moving average is $100.10. The firm has a market capitalization of $19.62 billion, a P/E ratio of 10.39 and a beta of 0.76.

Institutional Trading of Avantis International Small Cap Value ETF

A number of hedge funds have recently bought and sold shares of the stock. Greenline Partners LLC boosted its holdings in Avantis International Small Cap Value ETF by 7.2% in the 3rd quarter. Greenline Partners LLC now owns 370,839 shares of the company’s stock valued at $33,016,000 after purchasing an additional 25,004 shares during the period. Opus Capital Group LLC increased its position in shares of Avantis International Small Cap Value ETF by 0.5% during the 4th quarter. Opus Capital Group LLC now owns 341,559 shares of the company’s stock worth $32,096,000 after purchasing an additional 1,552 shares in the last quarter. Emprise Bank increased its position in shares of Avantis International Small Cap Value ETF by 2.7% during the 4th quarter. Emprise Bank now owns 266,985 shares of the company’s stock worth $25,089,000 after purchasing an additional 7,091 shares in the last quarter. Morton Brown Family Wealth LLC increased its position in Avantis International Small Cap Value ETF by 2.5% in the 1st quarter. Morton Brown Family Wealth LLC now owns 241,467 shares of the company’s stock valued at $24,113,000 after acquiring an additional 5,928 shares in the last quarter. Finally, Confluence Investment Management LLC increased its position in Avantis International Small Cap Value ETF by 26.6% in the 4th quarter. Confluence Investment Management LLC now owns 124,409 shares of the company’s stock valued at $11,691,000 after acquiring an additional 26,156 shares in the last quarter.

About Avantis International Small Cap Value ETF

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.