Lam Group Inc. Trims Stock Position in Avantis International Small Cap Equity ETF (NYSEARCA:AVDS)

Lam Group Inc. decreased its stake in Avantis International Small Cap Equity ETF (NYSEARCA:AVDS) by 64.5% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 5,800 shares of the company’s stock after selling 10,520 shares during the period. Lam Group Inc.’s holdings in Avantis International Small Cap Equity ETF were worth $301,000 at the end of the most recent reporting period.

A number of other hedge funds have also recently modified their holdings of AVDS. Farther Finance Advisors LLC lifted its position in Avantis International Small Cap Equity ETF by 16.4% in the third quarter. Farther Finance Advisors LLC now owns 5,199 shares of the company’s stock valued at $293,000 after acquiring an additional 732 shares during the last quarter. Evanson Asset Management LLC increased its position in shares of Avantis International Small Cap Equity ETF by 11.9% during the fourth quarter. Evanson Asset Management LLC now owns 6,437 shares of the company’s stock worth $334,000 after purchasing an additional 686 shares in the last quarter. Colorado Capital Management Inc. acquired a new stake in shares of Avantis International Small Cap Equity ETF during the fourth quarter worth about $345,000. Hardin Capital Partners LLC lifted its holdings in shares of Avantis International Small Cap Equity ETF by 35.1% in the 3rd quarter. Hardin Capital Partners LLC now owns 8,991 shares of the company’s stock valued at $507,000 after purchasing an additional 2,338 shares during the last quarter. Finally, Werba Rubin Papier Wealth Management acquired a new stake in shares of Avantis International Small Cap Equity ETF in the 3rd quarter valued at about $581,000.

Avantis International Small Cap Equity ETF Stock Up 0.4 %

NYSEARCA:AVDS opened at $51.74 on Tuesday. Avantis International Small Cap Equity ETF has a 52-week low of $49.45 and a 52-week high of $56.67. The stock’s 50 day moving average price is $52.50 and its 200 day moving average price is $53.47. The company has a market capitalization of $16.56 million, a PE ratio of 12.26 and a beta of 0.86.

About Avantis International Small Cap Equity ETF

The Avantis International Small Cap Equity ETF (AVDS) is an exchange-traded fund that mostly invests in small-cap stocks. The fund seeks long-term capital appreciation through an actively managed portfolio of small-cap stocks outside the US. AVDS was launched on Jul 18, 2023 and is issued by American Century Investments.