119,821 Shares of Avantis International Small Cap Value ETF $AVDV Purchased by Confluence Investment Management LLC

Confluence Investment Management LLC purchased a new stake in Avantis International Small Cap Value ETF (NYSEARCA:AVDV) during the third quarter, HoldingsChannel reports. The institutional investor purchased 119,821 shares of the company’s stock, valued at approximately $13,106,000.

A number of other hedge funds have also modified their holdings of AVDV. Atomic Invest LLC lifted its position in shares of Avantis International Small Cap Value ETF by 357.2% in the second quarter. Atomic Invest LLC now owns 8,206 shares of the company’s stock worth $847,000 after purchasing an additional 6,411 shares in the last quarter. Red Lighthouse Investment Management LLC raised its position in Avantis International Small Cap Value ETF by 1.5% during the second quarter. Red Lighthouse Investment Management LLC now owns 178,372 shares of the company’s stock worth $18,381,000 after acquiring an additional 2,612 shares in the last quarter. Lam Group Inc. raised its position in Avantis International Small Cap Value ETF by 10.1% during the second quarter. Lam Group Inc. now owns 22,885 shares of the company’s stock worth $2,358,000 after acquiring an additional 2,105 shares in the last quarter. Allied Private Wealth LLC acquired a new position in shares of Avantis International Small Cap Value ETF during the 2nd quarter worth about $236,000. Finally, Exchange Bank lifted its stake in Avantis International Small Cap Value ETF by 13.1% in the 2nd quarter. Exchange Bank now owns 8,379 shares of the company’s stock valued at $863,000 after purchasing an additional 970 shares during the last quarter.

Avantis International Small Cap Value ETF Stock Performance

Avantis International Small Cap Value ETF stock traded down $1.31 during midday trading on Thursday, reaching $108.07. 334,432 shares of the company’s stock were exchanged, compared to its average volume of 798,088. The stock’s 50-day simple moving average is $109.90 and its 200 day simple moving average is $106.61. The firm has a market cap of $19.90 billion, a price-to-earnings ratio of 10.39 and a beta of 0.78. Avantis International Small Cap Value ETF has a 52 week low of $87.15 and a 52 week high of $114.00.

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.