Avantis International Small Cap Value ETF (NYSEARCA:AVDV) Sets New 52-Week High – Here’s Why

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

Avantis International Small Cap Value ETF Stock Up 0.8%

The firm has a market cap of $18.25 billion, a price-to-earnings ratio of 10.39 and a beta of 0.84. The company has a 50-day moving average price of $100.26 and a 200 day moving average price of $92.76.

Institutional Trading of Avantis International Small Cap Value ETF

A number of hedge funds have recently made changes to their positions in the stock. First Horizon Advisors Inc. grew its position in Avantis International Small Cap Value ETF by 61.4% during the second quarter. First Horizon Advisors Inc. now owns 326 shares of the company’s stock valued at $26,000 after purchasing an additional 124 shares in the last quarter. Dorsey & Whitney Trust CO LLC boosted its stake in shares of Avantis International Small Cap Value ETF by 11.4% during the 4th quarter. Dorsey & Whitney Trust CO LLC now owns 2,726 shares of the company’s stock valued at $256,000 after buying an additional 280 shares during the period. Cornerstone Planning Group LLC grew its holdings in shares of Avantis International Small Cap Value ETF by 68.4% during the 3rd quarter. Cornerstone Planning Group LLC now owns 933 shares of the company’s stock valued at $84,000 after acquiring an additional 379 shares in the last quarter. Sunbelt Securities Inc. increased its stake in shares of Avantis International Small Cap Value ETF by 1,739.1% in the fourth quarter. Sunbelt Securities Inc. now owns 423 shares of the company’s stock worth $40,000 after acquiring an additional 400 shares during the last quarter. Finally, RHL Group LLC purchased a new stake in shares of Avantis International Small Cap Value ETF during the fourth quarter worth $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.