Avantis International Small Cap Value ETF (NYSEARCA:AVDV) Reaches New 1-Year High – Here’s What Happened

Avantis International Small Cap Value ETF (NYSEARCA:AVDV) shares hit a new 52-week high during trading on Friday . The company traded as high as $111.21 and last traded at $111.16, with a volume of 152361 shares changing hands. The stock had previously closed at $110.51.

Avantis International Small Cap Value ETF Stock Performance

The firm has a market cap of $20.09 billion, a P/E ratio of 10.39 and a beta of 0.77. The business’s fifty day moving average is $105.31 and its 200-day moving average is $105.17.

Hedge Funds Weigh In On Avantis International Small Cap Value ETF

Hedge funds and other institutional investors have recently made changes to their positions in the stock. Parallel Advisors LLC lifted its position in shares of Avantis International Small Cap Value ETF by 3.1% in the 1st quarter. Parallel Advisors LLC now owns 3,332 shares of the company’s stock worth $333,000 after purchasing an additional 99 shares during the period. Sound Income Strategies LLC increased its position in Avantis International Small Cap Value ETF by 111.7% in the 1st quarter. Sound Income Strategies LLC now owns 436 shares of the company’s stock valued at $44,000 after buying an additional 230 shares in the last quarter. Dorsey & Whitney Trust CO LLC raised its position in shares of Avantis International Small Cap Value ETF by 11.4% during the fourth quarter. Dorsey & Whitney Trust CO LLC now owns 2,726 shares of the company’s stock worth $256,000 after purchasing an additional 280 shares during the period. Harbor Investment Advisory LLC raised its holdings in Avantis International Small Cap Value ETF by 8.0% during the second quarter. Harbor Investment Advisory LLC now owns 4,465 shares of the company’s stock worth $460,000 after buying an additional 330 shares during the last quarter. Finally, Sunbelt Securities Inc. lifted its position in Avantis International Small Cap Value ETF by 1,739.1% in 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 in the last quarter.

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.