Avantis International Small Cap Value ETF (NYSEARCA:AVDV) Hits New 52-Week High – Time to Buy?

Shares of Avantis International Small Cap Value ETF (NYSEARCA:AVDV) hit a new 52-week high during mid-day trading on Thursday . The company traded as high as $113.88 and last traded at $113.7310, with a volume of 194415 shares traded. The stock had previously closed at $112.03.

Avantis International Small Cap Value ETF Stock Up 0.1%

The company has a market cap of $20.55 billion, a P/E ratio of 10.39 and a beta of 0.78. The company has a 50 day moving average price of $107.29 and a 200-day moving average price of $106.03.

Institutional Investors Weigh In On Avantis International Small Cap Value ETF

Several institutional investors have recently bought and sold shares of the stock. JPMorgan Chase & Co. increased its stake in Avantis International Small Cap Value ETF by 217.1% during the 2nd quarter. JPMorgan Chase & Co. now owns 8,079 shares of the company’s stock valued at $641,000 after buying an additional 5,531 shares during the period. Ameriprise Financial Inc. acquired a new stake in shares of Avantis International Small Cap Value ETF in the 2nd quarter worth approximately $283,000. Captrust Financial Advisors lifted its stake in shares of Avantis International Small Cap Value ETF by 9.0% in the 2nd quarter. Captrust Financial Advisors now owns 14,880 shares of the company’s stock worth $1,180,000 after acquiring an additional 1,233 shares during the period. Greenline Partners LLC boosted its holdings in shares of Avantis International Small Cap Value ETF by 7.2% in the third quarter. Greenline Partners LLC now owns 370,839 shares of the company’s stock valued at $33,016,000 after acquiring an additional 25,004 shares in the last quarter. Finally, RHL Group LLC bought a new position in shares of Avantis International Small Cap Value ETF in the fourth quarter valued at approximately $39,000.

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.