Avantis International Small Cap Value ETF (NYSEARCA:AVDV) Reaches New 12-Month High – Here’s What Happened

Shares of Avantis International Small Cap Value ETF (NYSEARCA:AVDV) hit a new 52-week high on Monday . The company traded as high as $94.60 and last traded at $94.2870, with a volume of 586946 shares trading hands. The stock had previously closed at $94.54.

Avantis International Small Cap Value ETF Trading Down 0.5%

The company has a market capitalization of $13.99 billion, a price-to-earnings ratio of 10.39 and a beta of 0.84. The stock’s fifty day simple moving average is $91.00 and its 200-day simple moving average is $86.44.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently bought and sold shares of AVDV. First Horizon Advisors Inc. lifted its position in shares of Avantis International Small Cap Value ETF by 61.4% during the 2nd quarter. First Horizon Advisors Inc. now owns 326 shares of the company’s stock worth $26,000 after purchasing an additional 124 shares during the last quarter. Fifth Third Securities Inc. raised its stake in Avantis International Small Cap Value ETF by 1.2% in the second quarter. Fifth Third Securities Inc. now owns 13,866 shares of the company’s stock valued at $1,099,000 after buying an additional 167 shares in the last quarter. Pinnacle Bancorp Inc. lifted its holdings in Avantis International Small Cap Value ETF by 117.1% during the 2nd quarter. Pinnacle Bancorp Inc. now owns 380 shares of the company’s stock worth $30,000 after buying an additional 205 shares during the last quarter. Cornerstone Planning Group LLC boosted its position in shares of Avantis International Small Cap Value ETF by 68.4% during the 3rd quarter. Cornerstone Planning Group LLC now owns 933 shares of the company’s stock worth $84,000 after acquiring an additional 379 shares in the last quarter. Finally, Corsicana & Co. purchased a new position in shares of Avantis International Small Cap Value ETF in the 3rd quarter valued at about $41,000.

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.