Avantis International Small Cap Value ETF (NYSEARCA:AVDV) Hits New 12-Month High – Still a Buy?

Avantis International Small Cap Value ETF (NYSEARCA:AVDV) shares reached a new 52-week high on Friday . The stock traded as high as $112.16 and last traded at $111.93, with a volume of 45029 shares. The stock had previously closed at $110.78.

Avantis International Small Cap Value ETF Stock Performance

The business has a 50 day simple moving average of $105.87 and a 200-day simple moving average of $105.45. The firm has a market cap of $20.18 billion, a price-to-earnings ratio of 10.39 and a beta of 0.77.

Institutional Inflows and Outflows

Large investors have recently made changes to their positions in the company. Lam Group Inc. boosted its holdings in shares of Avantis International Small Cap Value ETF by 10.1% in the second quarter. Lam Group Inc. now owns 22,885 shares of the company’s stock worth $2,358,000 after buying an additional 2,105 shares during the last quarter. Allied Private Wealth LLC bought a new position in Avantis International Small Cap Value ETF in the second quarter worth approximately $236,000. Exchange Bank boosted its stake in shares of Avantis International Small Cap Value ETF by 13.1% during the 2nd quarter. Exchange Bank now owns 8,379 shares of the company’s stock worth $863,000 after acquiring an additional 970 shares during the last quarter. Worth Asset Management LLC purchased a new position in shares of Avantis International Small Cap Value ETF during the 2nd quarter worth $207,000. Finally, Emprise Bank grew its position in shares of Avantis International Small Cap Value ETF by 2.6% during the 2nd quarter. Emprise Bank now owns 295,845 shares of the company’s stock valued at $30,487,000 after acquiring an additional 7,460 shares during the period.

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.