Avantis International Small Cap Value ETF (NYSEARCA:AVDV) Sets New 12-Month High – What’s Next?

Avantis International Small Cap Value ETF (NYSEARCA:AVDV) hit a new 52-week high on Thursday . The company traded as high as $113.88 and last traded at $113.7310, with a volume of 194415 shares. The stock had previously closed at $112.03.

Avantis International Small Cap Value ETF Trading Up 1.7%

The company has a 50 day moving average of $106.90 and a 200-day moving average of $105.93. The firm has a market capitalization of $20.59 billion, a P/E ratio of 10.39 and a beta of 0.77.

Institutional Investors Weigh In On Avantis International Small Cap Value ETF

A number of institutional investors have recently modified their holdings of the business. Greenline Partners LLC grew its stake in shares of Avantis International Small Cap Value ETF by 7.2% in the third quarter. Greenline Partners LLC now owns 370,839 shares of the company’s stock valued at $33,016,000 after acquiring an additional 25,004 shares in the last quarter. Emprise Bank raised its stake in Avantis International Small Cap Value ETF by 2.6% in the 2nd quarter. Emprise Bank now owns 295,845 shares of the company’s stock worth $30,487,000 after purchasing an additional 7,460 shares in the last quarter. Morton Brown Family Wealth LLC boosted its holdings in Avantis International Small Cap Value ETF by 2.5% in the 1st quarter. Morton Brown Family Wealth LLC now owns 241,467 shares of the company’s stock valued at $24,113,000 after purchasing an additional 5,928 shares during the period. Red Lighthouse Investment Management LLC grew its position in shares of Avantis International Small Cap Value ETF by 1.5% during the 2nd quarter. Red Lighthouse Investment Management LLC now owns 178,372 shares of the company’s stock worth $18,381,000 after purchasing an additional 2,612 shares in the last quarter. Finally, Confluence Investment Management LLC grew its position in shares of Avantis International Small Cap Value ETF by 4.0% during the 2nd quarter. Confluence Investment Management LLC now owns 125,698 shares of the company’s stock worth $12,953,000 after purchasing an additional 4,861 shares in the last quarter.

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.