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

Shares of Avantis International Small Cap Value ETF (NYSEARCA:AVDV) hit a new 52-week high on Wednesday . The stock traded as high as $91.28 and last traded at $91.3060, with a volume of 194622 shares traded. The stock had previously closed at $90.32.

Avantis International Small Cap Value ETF Trading Up 1.2%

The business has a 50-day moving average price of $89.20 and a 200-day moving average price of $83.91. The firm has a market cap of $13.62 billion, a P/E ratio of 10.39 and a beta of 0.84.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently added to or reduced their stakes in AVDV. First Horizon Advisors Inc. raised its holdings in shares of Avantis International Small Cap Value ETF by 61.4% in the 2nd quarter. First Horizon Advisors Inc. now owns 326 shares of the company’s stock valued at $26,000 after purchasing an additional 124 shares in the last quarter. Pinnacle Bancorp Inc. raised its stake in Avantis International Small Cap Value ETF by 117.1% in the second quarter. Pinnacle Bancorp Inc. now owns 380 shares of the company’s stock worth $30,000 after buying an additional 205 shares in the last quarter. Corsicana & Co. purchased a new stake in Avantis International Small Cap Value ETF during the third quarter worth $41,000. Root Financial Partners LLC purchased a new stake in Avantis International Small Cap Value ETF during the third quarter worth $80,000. Finally, Cornerstone Planning Group LLC boosted its position in Avantis International Small Cap Value ETF by 68.4% during the 3rd quarter. Cornerstone Planning Group LLC now owns 933 shares of the company’s stock valued at $84,000 after acquiring an additional 379 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.