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

Avantis International Small Cap Value ETF (NYSEARCA:AVDV) saw strong trading volume on Tuesday . Approximately 638,986 shares were traded during mid-day trading, a decline of 22% from the previous session’s volume of 821,818 shares.The stock last traded at $103.47 and had previously closed at $102.12.

Avantis International Small Cap Value ETF Price Performance

The stock has a 50 day moving average price of $106.28 and a 200-day moving average price of $104.06. The stock has a market capitalization of $18.91 billion, a price-to-earnings ratio of 10.39 and a beta of 0.77.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the company. RHL Group LLC purchased a new stake in shares of Avantis International Small Cap Value ETF during the fourth quarter worth $39,000. Rogco LP purchased a new position in shares of Avantis International Small Cap Value ETF in the fourth quarter worth about $40,000. Sunbelt Securities Inc. lifted its stake in shares of Avantis International Small Cap Value ETF by 1,739.1% in the fourth quarter. Sunbelt Securities Inc. now owns 423 shares of the company’s stock worth $40,000 after buying an additional 400 shares in the last quarter. Monetary Solutions Ltd purchased a new position in shares of Avantis International Small Cap Value ETF in the fourth quarter worth about $43,000. Finally, Sound Income Strategies LLC boosted its position in Avantis International Small Cap Value ETF by 111.7% during the first quarter. Sound Income Strategies LLC now owns 436 shares of the company’s stock worth $44,000 after acquiring an additional 230 shares during the last quarter.

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.