Avantis International Small Cap Value ETF (NYSEARCA:AVDV) Sets New 1-Year High – Here’s Why

Avantis International Small Cap Value ETF (NYSEARCA:AVDV) shares reached a new 52-week high on Tuesday . The stock traded as high as $110.77 and last traded at $110.77, with a volume of 52302 shares trading hands. The stock had previously closed at $108.27.

Avantis International Small Cap Value ETF Stock Performance

The stock has a market cap of $19.62 billion, a price-to-earnings ratio of 10.39 and a beta of 0.76. The firm’s 50-day simple moving average is $104.13 and its two-hundred day simple moving average is $100.10.

Institutional Investors Weigh In On Avantis International Small Cap Value ETF

Several hedge funds and other institutional investors have recently added to or reduced their stakes in AVDV. Farther Finance Advisors LLC boosted its stake in shares of Avantis International Small Cap Value ETF by 165.8% in the 4th quarter. Farther Finance Advisors LLC now owns 108,621 shares of the company’s stock valued at $10,207,000 after purchasing an additional 67,756 shares during the last quarter. Fidelity D & D Bancorp Inc. boosted its stake in shares of Avantis International Small Cap Value ETF by 104.2% in the 4th quarter. Fidelity D & D Bancorp Inc. now owns 93,035 shares of the company’s stock valued at $8,742,000 after purchasing an additional 47,466 shares during the last quarter. Confluence Investment Management LLC boosted its stake in shares of Avantis International Small Cap Value ETF by 26.6% in the 4th quarter. Confluence Investment Management LLC now owns 124,409 shares of the company’s stock valued at $11,691,000 after purchasing an additional 26,156 shares during the last quarter. Frankly Finances LLC bought a new position in shares of Avantis International Small Cap Value ETF in the 4th quarter valued at about $2,432,000. Finally, Greenline Partners LLC boosted its stake in shares of Avantis International Small Cap Value ETF by 7.2% in the 3rd quarter. Greenline Partners LLC now owns 370,839 shares of the company’s stock valued at $33,016,000 after purchasing an additional 25,004 shares during 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.