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

Avantis International Small Cap Value ETF (NYSEARCA:AVDV) shares saw unusually-strong trading volume on Wednesday . Approximately 778,267 shares changed hands during mid-day trading, an increase of 67% from the previous session’s volume of 466,223 shares.The stock last traded at $62.37 and had previously closed at $61.93.

Avantis International Small Cap Value ETF Stock Performance

The stock’s fifty day simple moving average is $68.49 and its 200-day simple moving average is $67.55. The stock has a market cap of $6.84 billion, a P/E ratio of 10.04 and a beta of 0.86.

Institutional Investors Weigh In On Avantis International Small Cap Value ETF

A number of large investors have recently added to or reduced their stakes in AVDV. JDM Financial Group LLC lifted its position in shares of Avantis International Small Cap Value ETF by 274.2% during the 4th quarter. JDM Financial Group LLC now owns 449 shares of the company’s stock valued at $29,000 after acquiring an additional 329 shares during the period. Operose Advisors LLC bought a new stake in Avantis International Small Cap Value ETF during the fourth quarter worth about $43,000. Parallel Advisors LLC acquired a new stake in Avantis International Small Cap Value ETF during the first quarter worth about $131,000. Nemes Rush Group LLC increased its holdings in Avantis International Small Cap Value ETF by 257.8% in the 4th quarter. Nemes Rush Group LLC now owns 2,272 shares of the company’s stock valued at $148,000 after buying an additional 1,637 shares during the period. Finally, Ameriprise Financial Inc. increased its holdings in Avantis International Small Cap Value ETF by 25.8% in the 4th quarter. Ameriprise Financial Inc. now owns 3,564 shares of the company’s stock valued at $232,000 after buying an additional 730 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.