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 Monday . 1,225,111 shares were traded during mid-day trading, an increase of 50% from the previous session’s volume of 816,835 shares.The stock last traded at $97.03 and had previously closed at $96.63.

Avantis International Small Cap Value ETF Trading Up 0.1%

The company has a 50 day simple moving average of $103.33 and a two-hundred day simple moving average of $95.47. The firm has a market capitalization of $16.08 billion, a P/E ratio of 10.39 and a beta of 0.84.

Hedge Funds Weigh In On Avantis International Small Cap Value ETF

A number of hedge funds and other institutional investors have recently modified their holdings of AVDV. RHL Group LLC purchased a new position in Avantis International Small Cap Value ETF during the fourth quarter valued at $39,000. Rogco LP bought a new stake in Avantis International Small Cap Value ETF in the 4th quarter valued at $40,000. Sunbelt Securities Inc. lifted its stake in Avantis International Small Cap Value ETF by 1,739.1% in the 4th quarter. Sunbelt Securities Inc. now owns 423 shares of the company’s stock worth $40,000 after purchasing an additional 400 shares in the last quarter. Corsicana & Co. purchased a new stake in Avantis International Small Cap Value ETF in the 3rd quarter worth $41,000. Finally, Monetary Solutions Ltd bought a new position in shares of Avantis International Small Cap Value ETF during the 4th quarter valued at about $43,000.

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.