Avantis International Small Cap Value ETF (NYSEARCA:AVDV) Sees Large Volume Increase – Still a Buy?

Shares of Avantis International Small Cap Value ETF (NYSEARCA:AVDV) saw unusually-high trading volume on Monday . Approximately 3,030,698 shares traded hands during mid-day trading, an increase of 286% from the previous session’s volume of 785,261 shares.The stock last traded at $105.47 and had previously closed at $104.42.

Avantis International Small Cap Value ETF Trading Down 1.9%

The firm has a market cap of $19.22 billion, a PE ratio of 10.39 and a beta of 0.77. The business’s 50-day simple moving average is $106.87 and its 200 day simple moving average is $103.46.

Hedge Funds Weigh In On Avantis International Small Cap Value ETF

Institutional investors have recently bought and sold shares of the business. Fortitude Family Office LLC raised its position in shares of Avantis International Small Cap Value ETF by 11.5% in the 4th quarter. Fortitude Family Office LLC now owns 69,381 shares of the company’s stock worth $6,520,000 after acquiring an additional 7,128 shares in the last quarter. First National Bank Sioux Falls grew its stake in Avantis International Small Cap Value ETF by 16.7% in the fourth quarter. First National Bank Sioux Falls now owns 79,044 shares of the company’s stock valued at $7,428,000 after purchasing an additional 11,302 shares during the last quarter. Natixis Advisors LLC lifted its position in shares of Avantis International Small Cap Value ETF by 40.4% during the fourth quarter. Natixis Advisors LLC now owns 65,673 shares of the company’s stock valued at $6,171,000 after buying an additional 18,892 shares during the last quarter. Lam Group Inc. lifted its position in shares of Avantis International Small Cap Value ETF by 64.4% during the fourth quarter. Lam Group Inc. now owns 16,605 shares of the company’s stock valued at $1,560,000 after buying an additional 6,505 shares during the last quarter. Finally, Dougherty Wealth Advisers LLC bought a new stake in shares of Avantis International Small Cap Value ETF in the 4th quarter valued at about $796,000.

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.