Avantis International Small Cap Value ETF (NYSEARCA:AVDV) Hits New 12-Month High – Should You Buy?

Avantis International Small Cap Value ETF (NYSEARCA:AVDV) reached a new 52-week high during trading on Friday . The company traded as high as $112.16 and last traded at $111.93, with a volume of 45029 shares. The stock had previously closed at $110.78.

Avantis International Small Cap Value ETF Price Performance

The company has a 50-day moving average price of $105.87 and a 200 day moving average price of $105.45. The firm has a market capitalization of $20.18 billion, a PE ratio of 10.39 and a beta of 0.77.

Institutional Inflows and Outflows

A number of institutional investors have recently made changes to their positions in the company. Parallel Advisors LLC raised its position in Avantis International Small Cap Value ETF by 3.1% during the 1st quarter. Parallel Advisors LLC now owns 3,332 shares of the company’s stock worth $333,000 after buying an additional 99 shares during the last quarter. Sound Income Strategies LLC boosted its holdings in shares of Avantis International Small Cap Value ETF by 111.7% in the first quarter. Sound Income Strategies LLC now owns 436 shares of the company’s stock valued at $44,000 after acquiring an additional 230 shares in the last quarter. Dorsey & Whitney Trust CO LLC boosted its holdings in shares of Avantis International Small Cap Value ETF by 11.4% in the fourth quarter. Dorsey & Whitney Trust CO LLC now owns 2,726 shares of the company’s stock valued at $256,000 after acquiring an additional 280 shares in the last quarter. Harbor Investment Advisory LLC increased its stake in shares of Avantis International Small Cap Value ETF by 8.0% during the second quarter. Harbor Investment Advisory LLC now owns 4,465 shares of the company’s stock worth $460,000 after acquiring an additional 330 shares during the period. Finally, Sunbelt Securities Inc. increased its stake in shares of Avantis International Small Cap Value ETF by 1,739.1% during the fourth quarter. Sunbelt Securities Inc. now owns 423 shares of the company’s stock worth $40,000 after acquiring an additional 400 shares during the period.

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.