Avantis International Small Cap Value ETF (NYSEARCA:AVDV) Sets New 1-Year High – Time to Buy?

Shares of Avantis International Small Cap Value ETF (NYSEARCA:AVDV) reached a new 52-week high on Monday . The stock traded as high as $109.25 and last traded at $108.9410, with a volume of 82126 shares traded. The stock had previously closed at $108.69.

Avantis International Small Cap Value ETF Price Performance

The stock’s 50-day moving average price is $99.63 and its 200-day moving average price is $92.40. The company has a market cap of $18.00 billion, a P/E ratio of 10.39 and a beta of 0.84.

Hedge Funds Weigh In On Avantis International Small Cap Value ETF

Hedge funds have recently made changes to their positions in the stock. First Horizon Advisors Inc. grew its stake in Avantis International Small Cap Value ETF by 61.4% during the second quarter. First Horizon Advisors Inc. now owns 326 shares of the company’s stock worth $26,000 after purchasing an additional 124 shares during the period. RHL Group LLC bought a new stake in shares of Avantis International Small Cap Value ETF in the 4th quarter worth $39,000. Rogco LP purchased a new stake in Avantis International Small Cap Value ETF in the 4th quarter valued at about $40,000. Sunbelt Securities Inc. increased its position 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 valued at $40,000 after acquiring an additional 400 shares during the last quarter. Finally, Corsicana & Co. bought a new stake in shares of Avantis International Small Cap Value ETF during the 3rd quarter worth $41,000.

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.