Avantis International Small Cap Value ETF (NYSEARCA:AVDV) Sees Large Volume Increase – Should You Buy?

Avantis International Small Cap Value ETF (NYSEARCA:AVDV) saw unusually-strong trading volume on Tuesday . Approximately 1,087,285 shares were traded during trading, an increase of 79% from the previous session’s volume of 608,691 shares.The stock last traded at $65.36 and had previously closed at $65.80.

Avantis International Small Cap Value ETF Stock Down 0.9 %

The business’s fifty day moving average is $66.52 and its two-hundred day moving average is $67.15. The stock has a market capitalization of $5.70 billion, a PE ratio of 7.84 and a beta of 0.80.

Institutional Trading of Avantis International Small Cap Value ETF

Several hedge funds have recently made changes to their positions in AVDV. Captrust Financial Advisors increased its position in Avantis International Small Cap Value ETF by 2.2% during the third quarter. Captrust Financial Advisors now owns 12,522 shares of the company’s stock valued at $885,000 after acquiring an additional 275 shares during the last quarter. Versant Capital Management Inc boosted its stake in shares of Avantis International Small Cap Value ETF by 0.6% during the 4th quarter. Versant Capital Management Inc now owns 52,782 shares of the company’s stock worth $3,435,000 after purchasing an additional 311 shares during the period. Brown Brothers Harriman & Co. grew its holdings in Avantis International Small Cap Value ETF by 110.4% during the 2nd quarter. Brown Brothers Harriman & Co. now owns 810 shares of the company’s stock valued at $53,000 after purchasing an additional 425 shares during the last quarter. Nemes Rush Group LLC raised its position in Avantis International Small Cap Value ETF by 69.3% in the 2nd quarter. Nemes Rush Group LLC now owns 1,075 shares of the company’s stock worth $70,000 after purchasing an additional 440 shares during the period. Finally, Strategic Blueprint LLC lifted its stake in Avantis International Small Cap Value ETF by 1.0% in the third quarter. Strategic Blueprint LLC now owns 111,406 shares of the company’s stock worth $7,873,000 after purchasing an additional 1,077 shares during 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.