Avantis International Small Cap Value ETF (NYSEARCA:AVDV) Sets New 52-Week High – Here’s What Happened

Avantis International Small Cap Value ETF (NYSEARCA:AVDV)’s share price reached a new 52-week high during mid-day trading on Wednesday . The company traded as high as $99.48 and last traded at $99.2850, with a volume of 96615 shares trading hands. The stock had previously closed at $98.29.

Avantis International Small Cap Value ETF Price Performance

The firm has a market capitalization of $16.84 billion, a price-to-earnings ratio of 10.39 and a beta of 0.84. The business’s fifty day simple moving average is $93.87 and its 200 day simple moving average is $88.73.

Institutional Trading of Avantis International Small Cap Value ETF

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in AVDV. Lam Group Inc. boosted its holdings in Avantis International Small Cap Value ETF by 64.4% in the fourth quarter. Lam Group Inc. now owns 16,605 shares of the company’s stock worth $1,560,000 after acquiring an additional 6,505 shares in the last quarter. Farther Finance Advisors LLC increased its holdings in shares of Avantis International Small Cap Value ETF by 165.8% during the fourth quarter. Farther Finance Advisors LLC now owns 108,621 shares of the company’s stock valued at $10,207,000 after acquiring an additional 67,756 shares in the last quarter. Fifth Third Securities Inc. raised its position in shares of Avantis International Small Cap Value ETF by 14.7% during the fourth quarter. Fifth Third Securities Inc. now owns 18,704 shares of the company’s stock worth $1,758,000 after purchasing an additional 2,399 shares during the period. Carolina Wealth Advisors LLC acquired a new position in shares of Avantis International Small Cap Value ETF during the fourth quarter worth approximately $76,000. Finally, Fortitude Family Office LLC lifted its holdings 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 purchasing an additional 7,128 shares in the last quarter.

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.