Avantis International Small Cap Value ETF (NYSEARCA:AVDV) Sees Unusually-High Trading Volume – Here’s What Happened

Avantis International Small Cap Value ETF (NYSEARCA:AVDV) saw unusually-strong trading volume on Thursday . Approximately 689,507 shares were traded during trading, a decline of 15% from the previous session’s volume of 813,974 shares.The stock last traded at $104.20 and had previously closed at $102.22.

Avantis International Small Cap Value ETF Price Performance

The business has a 50-day moving average of $105.45 and a 200-day moving average of $104.53. The company has a market capitalization of $18.91 billion, a P/E ratio of 10.39 and a beta of 0.77.

Institutional Investors Weigh In On Avantis International Small Cap Value ETF

Several institutional investors have recently made changes to their positions in the company. JPMorgan Chase & Co. boosted its stake in shares of Avantis International Small Cap Value ETF by 217.1% during the 2nd quarter. JPMorgan Chase & Co. now owns 8,079 shares of the company’s stock worth $641,000 after purchasing an additional 5,531 shares during the period. Ameriprise Financial Inc. purchased a new stake in Avantis International Small Cap Value ETF in the 2nd quarter worth about $283,000. Captrust Financial Advisors raised its position in Avantis International Small Cap Value ETF by 9.0% in the 2nd quarter. Captrust Financial Advisors now owns 14,880 shares of the company’s stock worth $1,180,000 after purchasing an additional 1,233 shares during the period. Greenline Partners LLC lifted its stake in Avantis International Small Cap Value ETF by 7.2% in the third quarter. Greenline Partners LLC now owns 370,839 shares of the company’s stock worth $33,016,000 after purchasing an additional 25,004 shares during the last quarter. Finally, Carolina Wealth Advisors LLC bought a new stake in Avantis International Small Cap Value ETF in the fourth quarter worth about $76,000.

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.