Avantis International Small Cap Value ETF (NYSEARCA:AVDV) Reaches New 12-Month High – What’s Next?

Shares of Avantis International Small Cap Value ETF (NYSEARCA:AVDV) reached a new 52-week high during mid-day trading on Tuesday . The stock traded as high as $103.00 and last traded at $102.32, with a volume of 1301246 shares traded. The stock had previously closed at $101.88.

Avantis International Small Cap Value ETF Trading Up 0.4%

The company has a market cap of $16.85 billion, a price-to-earnings ratio of 10.39 and a beta of 0.84. The business has a fifty day moving average of $94.36 and a two-hundred day moving average of $89.16.

Institutional Investors Weigh In On Avantis International Small Cap Value ETF

A number of institutional investors have recently added to or reduced their stakes in AVDV. Greenline Partners LLC raised its position in Avantis International Small Cap Value ETF by 7.2% during the third quarter. Greenline Partners LLC now owns 370,839 shares of the company’s stock worth $33,016,000 after acquiring an additional 25,004 shares during the period. Emprise Bank raised its position in shares of Avantis International Small Cap Value ETF by 5.8% during the 3rd quarter. Emprise Bank now owns 259,894 shares of the company’s stock worth $23,138,000 after purchasing an additional 14,193 shares during the last quarter. Morton Brown Family Wealth LLC lifted its stake in Avantis International Small Cap Value ETF by 10.0% in the 2nd quarter. Morton Brown Family Wealth LLC now owns 237,808 shares of the company’s stock valued at $18,853,000 after buying an additional 21,564 shares in the last quarter. Strategic Blueprint LLC boosted its holdings in Avantis International Small Cap Value ETF by 0.5% in the 2nd quarter. Strategic Blueprint LLC now owns 153,583 shares of the company’s stock worth $12,176,000 after buying an additional 777 shares during the last quarter. Finally, Confluence Investment Management LLC increased its stake in Avantis International Small Cap Value ETF by 26.6% during the 4th quarter. Confluence Investment Management LLC now owns 124,409 shares of the company’s stock worth $11,691,000 after buying an additional 26,156 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.