Avantis International Small Cap Value ETF (NYSEARCA:AVDV) Sees Large Volume Increase – Here’s What Happened

Shares of Avantis International Small Cap Value ETF (NYSEARCA:AVDV) saw unusually-high trading volume on Thursday . Approximately 1,252,579 shares traded hands during mid-day trading, an increase of 52% from the previous session’s volume of 823,573 shares.The stock last traded at $108.28 and had previously closed at $108.06.

Avantis International Small Cap Value ETF Price Performance

The stock has a market capitalization of $19.81 billion, a price-to-earnings ratio of 10.39 and a beta of 0.77. The stock has a 50-day moving average of $105.25 and a 200 day moving average of $104.86.

Institutional Investors Weigh In On Avantis International Small Cap Value ETF

Several institutional investors have recently modified their holdings of AVDV. Lam Group Inc. grew its holdings in Avantis International Small Cap Value ETF by 10.1% during the 2nd quarter. Lam Group Inc. now owns 22,885 shares of the company’s stock worth $2,358,000 after acquiring an additional 2,105 shares during the period. Allied Private Wealth LLC bought a new stake in shares of Avantis International Small Cap Value ETF during the 2nd quarter valued at $236,000. Exchange Bank lifted its stake in shares of Avantis International Small Cap Value ETF by 13.1% in the 2nd quarter. Exchange Bank now owns 8,379 shares of the company’s stock valued at $863,000 after purchasing an additional 970 shares during the period. Worth Asset Management LLC acquired a new position in shares of Avantis International Small Cap Value ETF in the 2nd quarter valued at $207,000. Finally, Emprise Bank boosted its position in shares of Avantis International Small Cap Value ETF by 2.6% in the 2nd quarter. Emprise Bank now owns 295,845 shares of the company’s stock worth $30,487,000 after purchasing an additional 7,460 shares during 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.