Avantis International Small Cap Value ETF (NYSEARCA:AVDV) Hits New 12-Month High – Time to Buy?

Avantis International Small Cap Value ETF (NYSEARCA:AVDV)’s stock price reached a new 52-week high during trading on Monday . The company traded as high as $97.85 and last traded at $97.8460, with a volume of 81210 shares traded. The stock had previously closed at $97.19.

Avantis International Small Cap Value ETF Price Performance

The firm has a market capitalization of $15.89 billion, a price-to-earnings ratio of 10.39 and a beta of 0.84. The stock has a 50 day moving average price of $92.15 and a two-hundred day moving average price of $87.64.

Institutional Investors Weigh In On Avantis International Small Cap Value ETF

A number of hedge funds have recently added to or reduced their stakes in AVDV. First Horizon Advisors Inc. grew its stake in Avantis International Small Cap Value ETF by 61.4% during the 2nd quarter. First Horizon Advisors Inc. now owns 326 shares of the company’s stock worth $26,000 after purchasing an additional 124 shares in the last quarter. Pinnacle Bancorp Inc. raised its holdings in shares of Avantis International Small Cap Value ETF by 117.1% in the 2nd quarter. Pinnacle Bancorp Inc. now owns 380 shares of the company’s stock valued at $30,000 after purchasing an additional 205 shares in the last quarter. Corsicana & Co. acquired a new stake in shares of Avantis International Small Cap Value ETF in the 3rd quarter valued at $41,000. Vestwell Advisors LLC purchased a new position in Avantis International Small Cap Value ETF in the third quarter valued at $66,000. Finally, Root Financial Partners LLC purchased a new position in shares of Avantis International Small Cap Value ETF in the 3rd quarter valued at about $80,000.

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.