Avantis International Small Cap Value ETF (NYSEARCA:AVDV) Sets New 1-Year High – Time to Buy?

Avantis International Small Cap Value ETF (NYSEARCA:AVDV) hit a new 52-week high during trading on Monday . The company traded as high as $109.25 and last traded at $108.9410, with a volume of 82126 shares trading hands. The stock had previously closed at $108.69.

Avantis International Small Cap Value ETF Stock Down 0.4%

The company has a 50-day moving average price of $99.63 and a two-hundred day moving average price of $92.40. The stock has a market capitalization of $18.00 billion, a P/E ratio of 10.39 and a beta of 0.84.

Institutional Trading of Avantis International Small Cap Value ETF

Several hedge funds have recently added to or reduced their stakes in AVDV. First Horizon Advisors Inc. increased its stake in Avantis International Small Cap Value ETF by 61.4% in the 2nd quarter. First Horizon Advisors Inc. now owns 326 shares of the company’s stock worth $26,000 after purchasing an additional 124 shares during the period. Dorsey & Whitney Trust CO LLC raised its position in shares of Avantis International Small Cap Value ETF by 11.4% in the 4th quarter. Dorsey & Whitney Trust CO LLC now owns 2,726 shares of the company’s stock worth $256,000 after acquiring an additional 280 shares in the last quarter. Cornerstone Planning Group LLC lifted its position in Avantis International Small Cap Value ETF by 68.4% during the third quarter. Cornerstone Planning Group LLC now owns 933 shares of the company’s stock valued at $84,000 after buying an additional 379 shares during the period. Sunbelt Securities Inc. lifted its position in Avantis International Small Cap Value ETF by 1,739.1% during the 4th quarter. Sunbelt Securities Inc. now owns 423 shares of the company’s stock valued at $40,000 after acquiring an additional 400 shares during the period. Finally, RHL Group LLC bought a new stake in shares of Avantis International Small Cap Value ETF in the 4th quarter worth approximately $39,000.

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.