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

Shares of Avantis International Small Cap Value ETF (NYSEARCA:AVDV) reached a new 52-week high during trading on Tuesday . The stock traded as high as $103.00 and last traded at $102.32, with a volume of 1301246 shares trading hands. The stock had previously closed at $101.88.

Avantis International Small Cap Value ETF Price Performance

The stock has a market cap of $16.85 billion, a PE ratio of 10.39 and a beta of 0.84. The company’s fifty day moving average is $94.36 and its 200-day moving average is $89.16.

Institutional Trading of Avantis International Small Cap Value ETF

Several hedge funds and other institutional investors have recently bought and sold shares of the stock. Confluence Investment Management LLC purchased a new position in Avantis International Small Cap Value ETF during the third quarter valued at approximately $8,747,000. Farther Finance Advisors LLC increased its holdings in shares of Avantis International Small Cap Value ETF by 165.8% during the 4th quarter. Farther Finance Advisors LLC now owns 108,621 shares of the company’s stock valued at $10,207,000 after purchasing an additional 67,756 shares in the last quarter. Curio Wealth LLC lifted its stake in shares of Avantis International Small Cap Value ETF by 19,918.2% in the 2nd quarter. Curio Wealth LLC now owns 51,647 shares of the company’s stock valued at $4,095,000 after purchasing an additional 51,389 shares during the period. Frankly Finances LLC purchased a new stake in Avantis International Small Cap Value ETF during the fourth quarter worth $2,432,000. Finally, Greenline Partners LLC grew its position in Avantis International Small Cap Value ETF by 7.2% during the third quarter. Greenline Partners LLC now owns 370,839 shares of the company’s stock valued at $33,016,000 after buying an additional 25,004 shares during the period.

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.