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

Shares of Avantis International Small Cap Value ETF (NYSEARCA:AVDV) saw strong trading volume on Tuesday . Approximately 638,986 shares were traded during trading, a decline of 22% from the previous session’s volume of 821,818 shares.The stock last traded at $103.47 and had previously closed at $102.12.

Avantis International Small Cap Value ETF Trading Up 0.5%

The stock’s 50 day moving average price is $106.07 and its 200 day moving average price is $104.21. The company has a market capitalization of $19.01 billion, a price-to-earnings ratio of 10.39 and a beta of 0.77.

Institutional Investors Weigh In On Avantis International Small Cap Value ETF

Institutional investors and hedge funds have recently made changes to their positions in the stock. JPMorgan Chase & Co. grew its stake in shares of Avantis International Small Cap Value ETF by 217.1% in the second quarter. JPMorgan Chase & Co. now owns 8,079 shares of the company’s stock valued at $641,000 after buying an additional 5,531 shares in the last quarter. Ameriprise Financial Inc. bought a new stake in Avantis International Small Cap Value ETF during the second quarter worth $283,000. Captrust Financial Advisors lifted its stake in Avantis International Small Cap Value ETF by 9.0% in the second quarter. Captrust Financial Advisors now owns 14,880 shares of the company’s stock valued at $1,180,000 after acquiring an additional 1,233 shares during the last quarter. Greenline Partners LLC lifted its stake in 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 during the last quarter. Finally, CoreCap Advisors LLC grew its position in shares of Avantis International Small Cap Value ETF by 21.5% in the 4th quarter. CoreCap Advisors LLC now owns 19,447 shares of the company’s stock valued at $1,827,000 after acquiring an additional 3,436 shares during the period.

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.